803 Peach StRowlandNC28383
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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 Rowland at 803 Peach St, Rowland, NC, 28383 offers $2,732/mo rent that, after a $1,950/mo payment, leaves $304/mo cash flow. Total monthly income is $2,732/mo, and annual cash flow is $3,646/yr on $132,103 cash. Return on cash invested measures 22.67% in year one, and rental yield stands at 8.23% at a $398,500 entry. Equity gained on principal adds $2,571/yr while 5% annual appreciation compounds into $110,098 by year five. Five-year ROI records 117.52% and total cumulative return in cash reaches $155,245. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,732/mo property income versus a $1,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28383, Rowland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 2,060 (69.9%) |
| Renter Occupied HU | 589 (20.0%) |
| Vacant Housing Units | 296 (10.1%) |
| Median Home Value | $89,344 |
| Average Home Value | $137,808 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
119
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Listed by: LINDA METZGER • CENTURY 21 The Real Estate Center
Mls Name: LPRMLS
Mls ID: #747810