52 Lake Jordan DrFlat RockNC28731
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $2,626/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 6% with $2,626/mo rent. Return on cash invested shows 16.07% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 82.1% and total cumulative return in cash records $141,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,626/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 3,286 (67.9%) |
| Renter Occupied HU | 759 (15.7%) |
| Vacant Housing Units | 792 (16.4%) |
| Median Home Value | $426,195 |
| Average Home Value | $467,902 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,376
Multi-Family
141
Businesses
351
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Listed by: Tania Reid • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4287074