562 Rocky Cove LnDentonNC27239
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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 $4,604/mo, and a $4,106/mo payment. Purchase price stands at $839,000, and rental yield measures 6.58% with $4,604/mo rent. Return on cash invested shows 17.85% in year one, and 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 91.64% and total cumulative return in cash records $252,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,604/mo property income covering a $4,106/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27239, Denton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,652 (100%) |
| Owner Occupied HU | 3,184 (68.4%) |
| Renter Occupied HU | 816 (17.5%) |
| Vacant Housing Units | 652 (14.0%) |
| Median Home Value | $262,403 |
| Average Home Value | $296,171 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,835
Multi-Family
0
Businesses
294
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Listed by: Ken Harmer • Arey Realty
Mls Name: Triad MLS
Mls ID: #1200763