840 Ottawa DrGarnerNC27529
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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 Garner at 840 Ottawa Dr, Garner, NC, 27529 with 5% annual appreciation on a $429,500 basis while $3,295/mo rent supports operations. Total monthly income totals $3,295/mo and a $2,102/mo payment preserves $678/mo for cash returns. Annual cash flow comes to $8,131/yr on $142,379 deployed, and return on cash invested reaches 25.62% in year one. Equity gained on principal adds $2,772/yr, and five-year appreciation sums $118,663 alongside rental yield of 9.21%. Five-year ROI measures 133.34% and total cumulative return in cash totals $189,854.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,295/mo property income versus a $2,102/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A