99 Lynn LaneGlade ValleyNC28627
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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 Glade Valley at 99 Lynn Lane, Glade Valley, NC, 28627 generates $1,300/mo in rent and, after a $759/mo payment, leaves $355/mo in cash flow. Total monthly income is $1,300/mo, and annual cash flow is $4,260/yr on $51,383 invested. Return on cash invested sits at 28.2% in year one, and rental yield is 10.06% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 147.19% and total cumulative return in cash sums $75,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,300/mo property income rather than buyer’s personal income.
Manufactured
Built in 2013
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Listed by: Mindy Hall • State Line Realty
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256769
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.