89 Woodfern RdFletcherNC28732
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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 Fletcher at 89 Woodfern Rd, Fletcher, NC, 28732 earns $379/mo cash flow from $3,487/mo rent with a $2,476/mo payment. Total monthly income totals $3,487/mo, and annual cash flow totals $4,548/yr on $166,408 capital. ROI tracks 22.79% on current figures, and rental yield reads 8.27% at a $505,800 purchase. Equity gained on principal adds $3,264/yr, and 5% annual appreciation supports $139,743 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $196,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,487/mo property income instead of your personal income.
Single Family
Built in 2006
6,969 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Nearby investment properties with comparable prices
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