83 Laurel LnGlade ValleyNC28627
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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 Glade Valley at 83 Laurel Ln, Glade Valley, NC, 28627 priced at $674,000 pairs $1,567/mo rent with after a $3,299/mo payment. Total monthly income equals $1,567/mo. Return on cash invested is 5.97% in year one, and rental yield stands at 2.79% on a $674,000 basis. Equity gained on principal adds $4,349/yr, and 5% annual appreciation accumulates to $186,214 by year five. Five-year ROI measures 28.07% and total cumulative return in cash reaches $62,245. For financing, Ziffy Mortgage’s DSCR program evaluates $1,567/mo property income against a $3,299/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
1.93 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Listed by: Jay Woodruff • Keller Williams Elite Blue Ridge
Mls Name: SWVAR
Mls Provider:
Mls ID: #98395
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.