68 Sun Valley DrAlexanderNC28701
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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
Rental property for sale in Alexander at 68 Sun Valley Dr, Alexander, NC, 28701 generates $2,477/mo in rent and, after a $1,596/mo payment, leaves $490/mo in cash flow. Total monthly income is $2,477/mo, and annual cash flow is $5,878/yr on $108,069 invested. Return on cash invested sits at 25.35% in year one, and rental yield is 9.12% on a $326,000 entry. Equity gained on principal adds $2,104/yr, while 5% annual appreciation builds toward $90,068 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash sums $142,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,477/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28701, Alexander, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,996 (100%) |
| Owner Occupied HU | 1,432 (71.7%) |
| Renter Occupied HU | 341 (17.1%) |
| Vacant Housing Units | 223 (11.2%) |
| Median Home Value | $370,307 |
| Average Home Value | $486,063 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,952
Multi-Family
0
Businesses
48
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Listed by: Chris Lawrence • Lawrence Realty Group North Carolina
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331424