800 S Vance StreetFremontNC27830
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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 Fremont at 800 S Vance Street, Fremont, NC, 27830 priced at $175,000 pairs $1,567/mo rent with $500/mo cash flow after a $857/mo payment. Total monthly income equals $1,567/mo, and annual cash flow comes to $6,000/yr on $58,013 invested. Return on cash invested is 30.25% in year one, and rental yield stands at 10.75% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 158.17% and total cumulative return in cash reaches $91,759. For financing, Ziffy Mortgage’s DSCR program evaluates $1,567/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27830, Fremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,233 (61.7%) |
| Renter Occupied HU | 491 (24.6%) |
| Vacant Housing Units | 275 (13.8%) |
| Median Home Value | $199,038 |
| Average Home Value | $229,019 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
113
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Listed by: Janette Hernandez • Southern Heritage Realty LLC
Mls Name: Hive MLS
Mls ID: #100542665