660 Hay River StGarnerNC27529
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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 Garner at 660 Hay River St, Garner, NC, 27529 earns $176/mo cash flow from $2,461/mo rent with a $1,835/mo payment. Total monthly income totals $2,461/mo, and annual cash flow totals $2,112/yr on $124,313 capital. ROI tracks 21.61% on current figures, and rental yield reads 7.88% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash sums $138,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,461/mo property income instead of your personal income.
Single Family
Built in 2005
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: Cynthia Quarantello • Real Broker LLC
Mls Name: Doorify MLS
Mls ID: #10141457