5624 Marblehead DrColfaxNC27235
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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 Colfax at 5624 Marblehead Dr, Colfax, NC, 27235 listed at $389,000 pairs $2,592/mo rent with a $1,904/mo payment to leave $221/mo cash flow. Total monthly income runs $2,592/mo, and annual cash flow reaches $2,654/yr on $128,954 cash to close. Return on cash invested measures 21.97% in year one, and rental yield registers 8% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 113.79% and total cumulative return in cash totals $146,730. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,592/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27235, Colfax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,558 (58.7%) |
| Renter Occupied HU | 861 (32.4%) |
| Vacant Housing Units | 236 ( 8.9%) |
| Median Home Value | $372,727 |
| Average Home Value | $417,988 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,157
Multi-Family
399
Businesses
208
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Listed by: Julie Blount • NextHome Triad Realty
Mls Name: Triad MLS
Mls ID: #1205195