645 Flint Hill RdAlexanderNC28701
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 Alexander at 645 Flint Hill Rd, Alexander, NC, 28701 generates $2,329/mo in rent, after a $2,078/mo payment. Total monthly income is $2,329/mo. Return on cash invested sits at 17.71% in year one, and rental yield is 6.58% on a $424,500 entry. Equity gained on principal adds $2,739/yr, while 5% annual appreciation builds toward $117,282 over five years. Five-year ROI reaches 90.91% and total cumulative return in cash sums $127,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,329/mo property income rather than buyer’s personal income.
Multi Family
Built in 1990
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28701, Alexander, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,432 (71.7%) |
| Renter Occupied HU | 341 (17.1%) |
| Vacant Housing Units | 223 (11.2%) |
| Median Home Value | $370,307 |
| Average Home Value | $486,063 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis Foley • Century 21 Foley Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4318061
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-22 05:23:11 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)