672 Cedar TrailFleetwoodNC28626
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
Investment property for sale in Fleetwood at 672 Cedar Trail, Fleetwood, NC, 28626 offers a 5.43% rental yield on a $789,000 purchase with $3,570/mo rent. 33% in year one. Equity gained on principal adds $5,091/yr while 5% annual appreciation supports $217,986 over five years. Portfolio math shows five-year ROI at 72.8% and total cumulative return in cash at $188,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,570/mo property income against a $3,862/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28626, Fleetwood, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,736 (100%) |
| Owner Occupied HU | 940 (54.1%) |
| Renter Occupied HU | 195 (11.2%) |
| Vacant Housing Units | 601 (34.6%) |
| Median Home Value | $328,333 |
| Average Home Value | $366,633 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Caroselli • Blue Ridge Realty & Inv. Boone
Mls Name: High Country AOR
Mls ID: #255338