9 Candyland CtCandlerNC28715
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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 Candler at 9 Candyland Ct, Candler, NC, 28715 generates $1,610/mo in rent, after a $1,444/mo payment. Total monthly income is $1,610/mo. Return on cash invested sits at 17.6% in year one, and rental yield is 6.55% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 90.34% and total cumulative return in cash sums $88,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,610/mo property income rather than buyer’s personal income.
Manufactured
Built in 2019
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Lindsey Smith • True North Real Estate, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329503