93 Lazy Bear TrlAndrewsNC28901
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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 Andrews at 93 Lazy Bear Trl, Andrews, NC, 28901 generates $1,354/mo in rent and, after a $661/mo payment, leaves $481/mo in cash flow. Total monthly income is $1,354/mo, and annual cash flow is $5,772/yr on $44,753 invested. Return on cash invested sits at 32.81% in year one, and rental yield is 12.04% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 172.34% and total cumulative return in cash sums $77,125. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,354/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28901, Andrews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 1,686 (56.1%) |
| Renter Occupied HU | 624 (20.8%) |
| Vacant Housing Units | 695 (23.1%) |
| Median Home Value | $232,199 |
| Average Home Value | $249,720 |
Housing Distribution
Address Breakdown
Residential
1,798
Single Family
1,785
Multi-Family
13
Businesses
249
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Listed by: Falcon Morris • REMAX Town & Country - Murphy
Mls Name: NGBOR
Mls ID: #416405
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.