715 Harolds North Field DrCedar GroveNC27231
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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 Cedar Grove at 715 Harolds North Field Dr, Cedar Grove, NC, 27231 priced at $429,000 pairs $3,066/mo rent with $451/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,066/mo, and annual cash flow comes to $5,414/yr on $142,214 invested. Return on cash invested is 23.72% in year one, and rental yield stands at 8.58% on a $429,000 basis. Equity gained on principal adds $2,768/yr, and 5% annual appreciation accumulates to $118,525 by year five. Five-year ROI measures 123.14% and total cumulative return in cash reaches $175,129. For financing, Ziffy Mortgage’s DSCR program evaluates $3,066/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27231, Cedar Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 914 (100%) |
| Owner Occupied HU | 740 (81.0%) |
| Renter Occupied HU | 128 (14.0%) |
| Vacant Housing Units | 46 ( 5.0%) |
| Median Home Value | $329,139 |
| Average Home Value | $387,628 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
883
Multi-Family
0
Businesses
33
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Listed by: Brooke Buchanan • Inhabit Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110359
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.