7686 Garrett RdLibertyNC27298
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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 Liberty at 7686 Garrett Rd, Liberty, NC, 27298 uses $104,423 cash to close to unlock $3,804/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $1,542/mo payment keeps the spread at $317/mo. Purchase price stands at $315,000, and rental yield measures 8.52% with $2,237/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash records $127,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 2020
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27298, Liberty, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 3,419 (71.0%) |
| Renter Occupied HU | 962 (20.0%) |
| Vacant Housing Units | 437 ( 9.1%) |
| Median Home Value | $280,287 |
| Average Home Value | $342,491 |
Housing Distribution
Address Breakdown
Residential
4,384
Single Family
4,384
Multi-Family
0
Businesses
256
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Listed by: Tisheika Wright • Brown-Wright Realty
Mls Name: My State MLS
Mls ID: #11589841