67 Bornean DrGarnerNC27529
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 Garner at 67 Bornean Dr, Garner, NC, 27529 offers $2,783/mo rent that, after a $2,190/mo payment, leaves $8/mo cash flow. Total monthly income is $2,783/mo, and annual cash flow is $92/yr on $148,346 cash. Return on cash invested measures 19.97% in year one, and rental yield stands at 7.46% at a $447,500 entry. Equity gained on principal adds $2,888/yr while 5% annual appreciation compounds into $123,636 by year five. Five-year ROI records 103.19% and total cumulative return in cash reaches $153,085. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,783/mo property income versus a $2,190/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.31 Acres lot
$N/A/sqft
$580 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Shaffer • Offerpad Brokerage LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101728
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.