6045 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
Rental property for sale in Stedman at 6045 Lowgrass Rd, Stedman, NC, 28391 offers $2,537/mo rent that, after a $1,591/mo payment, leaves $546/mo cash flow. Total monthly income is $2,537/mo, and annual cash flow is $6,547/yr on $107,738 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 9.37% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 135.36% and total cumulative return in cash reaches $145,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,537/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.80 Acres 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: TIFFANY BOWDEN • BOWDEN ELITE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741659
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.