Brodrick Plan, Heritage HallStatesvilleNC28625
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
Investment property for sale in Statesville at Brodrick Plan, Heritage Hall, Statesville, NC, 28625 uses $141,849 cash to close to unlock $1,614/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $2,742/mo, and a $2,094/mo payment keeps the spread at $135/mo. Purchase price stands at $427,900, and rental yield measures 7.69% with $2,742/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $118,221 over five years. Five-year ROI reaches 108.83% and total cumulative return in cash records $154,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,742/mo property income covering a $2,094/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28625, Statesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,588 (100%) |
| Owner Occupied HU | 12,188 (69.3%) |
| Renter Occupied HU | 4,187 (23.8%) |
| Vacant Housing Units | 1,213 ( 6.9%) |
| Median Home Value | $314,741 |
| Average Home Value | $354,325 |
Housing Distribution
Address Breakdown
Residential
16,663
Single Family
15,291
Multi-Family
1,372
Businesses
907
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A