693 Leland HlCircle ZebulonNC27597
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 Circle Zebulon at 693 Leland Hl, Circle Zebulon, NC, 27597 priced at $259,990 converts $2,292/mo rent into $612/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,292/mo, and annual cash flow totals $7,344/yr on $86,187 invested. Return on cash invested prints 28.43% in year one, and rental yield reads 10.58% against a $259,990 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,830 by year five. Five-year ROI reaches 148.94% and total cumulative return in cash sums $128,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,292/mo property income covering a $1,273/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Nearby investment properties with comparable prices
Listed by: Kimberly Kendrick • DRB Group North Carolina LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10082654
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