5701 Barrier RdConcordNC28025
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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 Concord at 5701 Barrier Rd, Concord, NC, 28025 generates $2,344/mo in rent and, after a $1,468/mo payment, leaves $516/mo in cash flow. Total monthly income is $2,344/mo, and annual cash flow is $6,193/yr on $99,417 invested. Return on cash invested sits at 26.14% in year one, and rental yield is 9.38% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 136.17% and total cumulative return in cash sums $135,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,344/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: Katherine Knorr • David Hoffman Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291749