857 Longview CircleGlade 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 857 Longview Circle, Glade Valley, NC, 28627 offers $2,514/mo rent that, after a $2,491/mo payment. Total monthly income is $2,514/mo. Return on cash invested measures 15.85% in year one, and rental yield stands at 5.93% at a $509,000 entry. Equity gained on principal adds $3,285/yr while 5% annual appreciation compounds into $140,627 by year five. Five-year ROI records 80.92% and total cumulative return in cash reaches $135,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $2,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.97 Acres lot
$N/A/sqft
No 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: PEGGY COOPER • High Meadows Country Club Properties
Mls Name: High Country AOR
Mls Provider:
Mls ID: #252279
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.