Alexander Plan, Whitley CrossingBaileyNC27807
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 Bailey at Alexander Plan, Whitley Crossing, Bailey, NC, 27807 priced at $342,900 pairs $2,320/mo rent with $231/mo cash flow after a $1,678/mo payment. Total monthly income equals $2,320/mo, and annual cash flow comes to $2,766/yr on $113,671 invested. Return on cash invested is 22.34% in year one, and rental yield stands at 8.12% on a $342,900 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,737 by year five. Five-year ROI measures 115.77% and total cumulative return in cash reaches $131,597. For financing, Ziffy Mortgage’s DSCR program evaluates $2,320/mo property income against a $1,678/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27807, Bailey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,944 (100%) |
| Owner Occupied HU | 1,996 (67.8%) |
| Renter Occupied HU | 712 (24.2%) |
| Vacant Housing Units | 236 ( 8.0%) |
| Median Home Value | $226,039 |
| Average Home Value | $252,680 |
Housing Distribution
Address Breakdown
Residential
2,881
Single Family
2,881
Multi-Family
0
Businesses
110
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Listed by: N/A • LGI Homes
Mls Name: LGI Homes
Mls Provider:
Mls ID: #N/A