784 Crestmont Dr SEConcordNC28025
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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
Rental property for sale in Concord at 784 Crestmont Dr SE, Concord, NC, 28025 offers $2,262/mo rent that, after a $1,689/mo payment, leaves $159/mo cash flow. Total monthly income is $2,262/mo, and annual cash flow is $1,908/yr on $114,368 cash. Return on cash invested measures 21.58% in year one, and rental yield stands at 7.87% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 111.65% and total cumulative return in cash reaches $127,696. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,262/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: Dwayne Ogles • Horizon Realty Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327674