9639 Estridge LnConcordNC28027
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
Rental property for sale in Concord at 9639 Estridge Ln, Concord, NC, 28027 generates $3,779/mo in rent, after a $3,548/mo payment. Total monthly income is $3,779/mo. Return on cash invested sits at 16.85% in year one, and rental yield is 6.26% on a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,277 over five years. Five-year ROI reaches 86.27% and total cumulative return in cash sums $205,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,779/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Evans • Keller Williams Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285957