754 Kitfox Dr NWConcordNC28027
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 Concord at 754 Kitfox Dr NW, Concord, NC, 28027 priced at $333,000 pairs $2,430/mo rent with $400/mo cash flow after a $1,630/mo payment. Total monthly income equals $2,430/mo, and annual cash flow comes to $4,805/yr on $110,390 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 8.76% on a $333,000 basis. Equity gained on principal adds $2,149/yr, and 5% annual appreciation accumulates to $92,002 by year five. Five-year ROI measures 126.07% and total cumulative return in cash reaches $139,169. For financing, Ziffy Mortgage’s DSCR program evaluates $2,430/mo property income against a $1,630/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Allen • M/I Homes
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303243