559 Brownstone LaneCrumplerNC28617
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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
Rental property for sale in Crumpler at 559 Brownstone Lane, Crumpler, NC, 28617 priced at $1,096,000 converts $0/mo rent into after a $5,364/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.2% in year one, and rental yield reads 0% against a $1,096,000 entry. Equity gained on principal adds $7,072/yr, while 5% annual appreciation compiles into $302,805 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $5,364/mo payment, not borrower’s personal income.
Single Family
Built in 1999
21.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28617, Crumpler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,292 (100%) |
| Owner Occupied HU | 699 (54.1%) |
| Renter Occupied HU | 211 (16.3%) |
| Vacant Housing Units | 382 (29.6%) |
| Median Home Value | $277,500 |
| Average Home Value | $315,304 |
Housing Distribution
Address Breakdown
Residential
1,034
Single Family
1,034
Multi-Family
0
Businesses
16
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No similar rental properties found nearby.
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Listed by: April Weaver-Taracido • Howard Hanna Allen Tate Ashe High Country Realty
Mls Name: High Country AOR
Mls ID: #259436