5554 Friendship Glen DrBrowns SummitNC27214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Browns Summit at 5554 Friendship Glen Dr, Browns Summit, NC, 27214 offers a 5.94% rental yield on a $457,900 purchase with $2,268/mo rent. 78% in year one. Equity gained on principal adds $2,955/yr while 5% annual appreciation supports $126,509 over five years. Portfolio math shows five-year ROI at 80.58% and total cumulative return in cash at $122,318. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,268/mo property income against a $2,241/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27214, Browns Summit, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 3,677 (72.3%) |
| Renter Occupied HU | 1,177 (23.2%) |
| Vacant Housing Units | 229 ( 4.5%) |
| Median Home Value | $370,860 |
| Average Home Value | $394,876 |
Housing Distribution
Address Breakdown
Residential
5,128
Single Family
4,610
Multi-Family
518
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah West • Home Connections Realty
Mls Name: Triad MLS
Mls ID: #1197232