941 Rachel Anne DrBelmontNC28012
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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 Belmont at 941 Rachel Anne Dr, Belmont, NC, 28012 generates $3,557/mo in rent and, after a $2,574/mo payment, leaves $352/mo in cash flow. Total monthly income is $3,557/mo, and annual cash flow is $4,223/yr on $173,021 invested. Return on cash invested sits at 22.5% in year one, and rental yield is 8.12% on a $525,900 entry. Equity gained on principal adds $3,394/yr, while 5% annual appreciation builds toward $145,296 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash sums $201,699. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,557/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: Amy DiPrinzio • Premier Sotheby's International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4259048