8512 Glasgow StLelandNC28451
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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 Leland at 8512 Glasgow St, Leland, NC, 28451 offers a 9.56% rental yield on a $287,000 purchase with $2,286/mo rent. Total monthly income registers $2,286/mo, and a $1,405/mo payment leaves $537/mo available for distribution. Annual cash flow reaches $6,439/yr on $95,141 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,852/yr while 5% annual appreciation supports $79,293 over five years. Portfolio math shows five-year ROI at 139.03% and total cumulative return in cash at $132,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,286/mo property income against a $1,405/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: N/A • N/A
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