8206 Patterdale CtStokesdaleNC27357
Nearby investment properties with comparable rents
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
Investment property for sale in Stokesdale at 8206 Patterdale Ct, Stokesdale, NC, 27357 listed at $574,900 pairs $2,971/mo rent with a $2,814/mo payment. Total monthly income runs $2,971/mo. Return on cash invested measures 16.68% in year one, and rental yield registers 6.2% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 85.39% and total cumulative return in cash totals $161,499. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,971/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Heybrock • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1195028