5409 Cedar Field DrSummerfieldNC27358
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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
Investment property for sale in Summerfield at 5409 Cedar Field Dr, Summerfield, NC, 27358 earns from $2,375/mo rent with a $1,933/mo payment. Total monthly income totals $2,375/mo. ROI tracks 19.62% on current figures, and rental yield reads 7.22% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 101.12% and total cumulative return in cash sums $132,414. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,375/mo property income instead of your personal income.
Single Family
Built in 1997
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: Natali Sanchez Rheault • eXp Realty LLC
Mls Name: Triad MLS
Mls ID: #1206422