828 Bullhorn DrWake ForestNC27587
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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 Wake Forest at 828 Bullhorn Dr, Wake Forest, NC, 27587 priced at $427,490 pairs $3,300/mo rent with $695/mo cash flow after a $2,092/mo payment. Total monthly income equals $3,300/mo, and annual cash flow comes to $8,340/yr on $141,713 invested. Return on cash invested is 25.79% in year one, and rental yield stands at 9.26% on a $427,490 basis. Equity gained on principal adds $2,759/yr, and 5% annual appreciation accumulates to $118,108 by year five. Five-year ROI measures 134.3% and total cumulative return in cash reaches $190,327. For financing, Ziffy Mortgage’s DSCR program evaluates $3,300/mo property income against a $2,092/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27587, Wake Forest, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,796 (100%) |
| Owner Occupied HU | 26,327 (73.5%) |
| Renter Occupied HU | 7,313 (20.4%) |
| Vacant Housing Units | 2,156 ( 6.0%) |
| Median Home Value | $536,728 |
| Average Home Value | $601,447 |
Housing Distribution
Address Breakdown
Residential
32,873
Single Family
30,365
Multi-Family
2,508
Businesses
1,451
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Listed by: Cristi Green • DR Horton-Terramor Homes, LLC
Mls Name: Doorify MLS
Mls ID: #10114081