6044 Lowgrass RdStedmanNC28391
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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 Stedman at 6044 Lowgrass Rd, Stedman, NC, 28391 uses $104,423 cash to close to unlock $5,731/yr annual cash flow and $478/mo monthly cash flow. Total monthly income runs $2,408/mo, and a $1,542/mo payment keeps the spread at $478/mo. Purchase price stands at $315,000, and rental yield measures 9.17% with $2,408/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 132.21% and total cumulative return in cash records $138,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,408/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2021
N/A lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28391, Stedman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,877 (72.7%) |
| Renter Occupied HU | 488 (18.9%) |
| Vacant Housing Units | 218 ( 8.4%) |
| Median Home Value | $246,369 |
| Average Home Value | $247,255 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,407
Multi-Family
24
Businesses
122
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Listed by: SUSAN BURKE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #735847
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