6 Frisby StFletcherNC28732
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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 Fletcher at 6 Frisby St, Fletcher, NC, 28732 with 5% annual appreciation on a $450,000 basis while $2,814/mo rent supports operations. Total monthly income totals $2,814/mo and a $2,203/mo payment preserves $71/mo for cash returns. Annual cash flow comes to $852/yr on $149,175 deployed, and return on cash invested reaches 20.48% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 7.5%. Five-year ROI measures 105.76% and total cumulative return in cash totals $157,770.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,814/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: Jason Brodsky • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4292596