634 Edgewater Ridge CtApexNC27523
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 Apex at 634 Edgewater Ridge Ct, Apex, NC, 27523 offers $3,376/mo rent that, after a $2,619/mo payment, leaves $115/mo cash flow. Total monthly income is $3,376/mo, and annual cash flow is $1,380/yr on $176,015 cash. Return on cash invested measures 20.84% in year one, and rental yield stands at 7.57% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 107.69% and total cumulative return in cash reaches $189,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,376/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
2,178 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Leslee Gilmour • Keller Williams Legacy
Mls Name: Doorify MLS
Mls ID: #10135010