6007 Morganshire DrSummerfieldNC27358
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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 Summerfield at 6007 Morganshire Dr, Summerfield, NC, 27358 listed at $759,900 pairs $2,520/mo rent with a $3,719/mo payment. Total monthly income runs $2,520/mo. Return on cash invested measures 9.93% in year one, and rental yield registers 3.98% at a $759,900 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,946 by year five. Five-year ROI tracks 49.17% and total cumulative return in cash totals $122,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $3,719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: Kris Devaney • eXp Realty
Mls Name: Triad MLS
Mls ID: #1189832