67 Quartz LnBalsamNC28707
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 Balsam at 67 Quartz Ln, Balsam, NC, 28707 offers $1,842/mo rent that, after a $969/mo payment, leaves $635/mo cash flow. Total monthly income is $1,842/mo, and annual cash flow is $7,625/yr on $65,637 cash. Return on cash invested measures 31.53% in year one, and rental yield stands at 11.16% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Five-year ROI records 165.04% and total cumulative return in cash reaches $108,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,842/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28707, Balsam, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 171 (100%) |
| Owner Occupied HU | 53 (31.0%) |
| Renter Occupied HU | 6 ( 3.5%) |
| Vacant Housing Units | 112 (65.5%) |
| Median Home Value | $281,250 |
| Average Home Value | $553,868 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Jessi Rawlings • Keller Williams Great Smokies
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303885