74 Enterprise DrFairviewNC28730
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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 Fairview at 74 Enterprise Dr, Fairview, NC, 28730 uses $58,841 cash to close to unlock $3,768/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $869/mo payment keeps the spread at $314/mo. Purchase price stands at $177,500, and rental yield measures 9.44% with $1,396/mo rent. Return on cash invested shows 26.31% in year one, and 5% annual appreciation builds toward $49,040 over five years. Five-year ROI reaches 137.05% and total cumulative return in cash records $80,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $869/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28730, Fairview, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,312 (69.8%) |
| Renter Occupied HU | 852 (17.9%) |
| Vacant Housing Units | 583 (12.3%) |
| Median Home Value | $541,967 |
| Average Home Value | $599,155 |
Housing Distribution
Address Breakdown
Residential
4,297
Single Family
4,297
Multi-Family
0
Businesses
273
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Listed by: Bill Eckstadt • NEW HORIZONS REALTY
Mls Name: My State MLS
Mls ID: #11405876