93 Mount Meadow LnFlat RockNC28731
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Flat Rock at 93 Mount Meadow Ln, Flat Rock, NC, 28731 at $199,999 posts ROI 32.13% with $675/mo cash flow from $1,894/mo rent. Total monthly income equals $1,894/mo, and annual cash flow records $8,100/yr on $66,300 to close. Return on cash invested measures 32.13% and rental yield reads 11.36% at the current $199,999. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 by year five. Five-year ROI prints 168.21% and total cumulative return in cash totals $111,524.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,894/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 3,286 (67.9%) |
| Renter Occupied HU | 759 (15.7%) |
| Vacant Housing Units | 792 (16.4%) |
| Median Home Value | $426,195 |
| Average Home Value | $467,902 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,376
Multi-Family
141
Businesses
351
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Nearby investment properties with comparable prices
Listed by: N/A • Simple Life
Mls Name: Simple Life
Mls ID: #N/A