6396 E Belgrave TerSummerfieldNC27358
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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 Summerfield at 6396 E Belgrave Ter, Summerfield, NC, 27358 uses $263,167 cash to close to unlock $13,297/yr annual cash flow and $1,108/mo monthly cash flow. Total monthly income runs $5,983/mo, and a $3,915/mo payment keeps the spread at $1,108/mo. Purchase price stands at $799,900, and rental yield measures 8.98% with $5,983/mo rent. Return on cash invested shows 25.11% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 130.6% and total cumulative return in cash records $343,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,983/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No 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: William Sargeson • eXp Realty
Mls Name: Triad MLS
Mls ID: #1203289