Azalea Plan, The Enclave at Falls CoveTroutmanNC28166
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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 Troutman at Azalea Plan, The Enclave at Falls Cove, Troutman, NC, 28166 priced at $424,990 pairs $2,208/mo rent with after a $2,080/mo payment. Total monthly income equals $2,208/mo. Return on cash invested is 16.66% in year one, and rental yield stands at 6.23% on a $424,990 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,417 by year five. Five-year ROI measures 85.3% and total cumulative return in cash reaches $120,170. For financing, Ziffy Mortgage’s DSCR program evaluates $2,208/mo property income against a $2,080/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: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A