7011 Mustang CtSummerfieldNC27358
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 Summerfield at 7011 Mustang Ct, Summerfield, NC, 27358 with 5% annual appreciation on a $925,000 basis while $5,726/mo rent supports operations. Total monthly income totals $5,726/mo and a $4,527/mo payment preserves $89/mo for cash returns. Annual cash flow comes to $1,068/yr on $304,325 deployed, and return on cash invested reaches 20.41% in year one. Equity gained on principal adds $5,969/yr, and five-year appreciation sums $255,560 alongside rental yield of 7.43%. Five-year ROI measures 105.37% and total cumulative return in cash totals $320,665.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,726/mo property income versus a $4,527/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carley Mann • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1197327