6936 Channel Forest RdBelews CreekNC27009
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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
Investment property for sale in Belews Creek at 6936 Channel Forest Rd, Belews Creek, NC, 27009 listed at $299,900 pairs $2,148/mo rent with a $1,468/mo payment to leave $320/mo cash flow. Total monthly income runs $2,148/mo, and annual cash flow reaches $3,841/yr on $99,417 cash to close. Return on cash invested measures 23.77% in year one, and rental yield registers 8.59% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 123.48% and total cumulative return in cash totals $122,764. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,148/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27009, Belews Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 1,180 (82.9%) |
| Renter Occupied HU | 141 ( 9.9%) |
| Vacant Housing Units | 103 ( 7.2%) |
| Median Home Value | $315,854 |
| Average Home Value | $376,814 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
37
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Listed by: Kristi Idol • RE/MAX Preferred Properties
Mls Name: Triad MLS
Mls ID: #1199716