67 Lemon Creek DrCandlerNC28715
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 Candler at 67 Lemon Creek Dr, Candler, NC, 28715 priced at $140,000 pairs $1,051/mo rent with $198/mo cash flow after a $685/mo payment. Total monthly income equals $1,051/mo, and annual cash flow comes to $2,376/yr on $46,410 invested. Return on cash invested is 25.03% in year one, and rental yield stands at 9.01% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 130.16% and total cumulative return in cash reaches $60,406. For financing, Ziffy Mortgage’s DSCR program evaluates $1,051/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A