616 Leven DrGibsonvilleNC27249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gibsonville at 616 Leven Dr, Gibsonville, NC, 27249 priced at $370,440 converts $3,210/mo rent into $952/mo cash flow after a $1,813/mo obligation. Total monthly income equals $3,210/mo, and annual cash flow totals $11,430/yr on $122,801 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 10.4% against a $370,440 entry. Equity gained on principal adds $2,390/yr, while 5% annual appreciation compiles into $102,346 by year five. Five-year ROI reaches 152.65% and total cumulative return in cash sums $187,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,210/mo property income covering a $1,813/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Listed by: Elizabeth Ward • DR Horton
Mls Name: Triad MLS
Mls ID: #1205527