812 Cedar StMc AdenvilleNC28101
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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 Mc Adenville at 812 Cedar St, Mc Adenville, NC, 28101 offers a 6.59% rental yield on a $535,000 purchase with $2,938/mo rent. 86% in year one. Equity gained on principal adds $3,452/yr while 5% annual appreciation supports $147,811 over five years. Portfolio math shows five-year ROI at 91.67% and total cumulative return in cash at $161,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,938/mo property income against a $2,619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28101, Mc Adenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 192 (100%) |
| Owner Occupied HU | 143 (74.5%) |
| Renter Occupied HU | 33 (17.2%) |
| Vacant Housing Units | 16 ( 8.3%) |
| Median Home Value | $365,698 |
| Average Home Value | $383,531 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
60
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Listed by: Jessica Sanders • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4279360