57 Vista Pond LnFlat RockNC28731
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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 Flat Rock at 57 Vista Pond Ln, Flat Rock, NC, 28731 priced at $169,000 converts $1,480/mo rent into $450/mo cash flow after a $827/mo obligation. Total monthly income equals $1,480/mo, and annual cash flow totals $5,402/yr on $56,024 invested. Return on cash invested prints 29.55% in year one, and rental yield reads 10.51% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 154.49% and total cumulative return in cash sums $86,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,480/mo property income covering a $827/mo payment, not borrower’s personal income.
Single Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 3,286 (67.9%) |
| Renter Occupied HU | 759 (15.7%) |
| Vacant Housing Units | 792 (16.4%) |
| Median Home Value | $426,195 |
| Average Home Value | $467,902 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,376
Multi-Family
141
Businesses
351
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