6200 Tether CtSummerfieldNC27358
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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 Summerfield at 6200 Tether Ct, Summerfield, NC, 27358 generates $3,485/mo in rent, after a $3,206/mo payment. Total monthly income is $3,485/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 6.38% on a $655,000 entry. Equity gained on principal adds $4,227/yr, while 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 87.9% and total cumulative return in cash sums $189,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,485/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
1.50 Acres lot
$N/A/sqft
$200 annually 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: Bethany Chavis • Carolina Home Partners by eXp Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1174118
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