Catawba Plan, MillstoneCramertonNC28032
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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 Cramerton at Catawba Plan, Millstone, Cramerton, NC, 28032 priced at $342,990 pairs $2,530/mo rent with $309/mo cash flow after a $1,679/mo payment. Total monthly income equals $2,530/mo, and annual cash flow comes to $3,713/yr on $113,701 invested. Return on cash invested is 23.17% in year one, and rental yield stands at 8.85% on a $342,990 basis. Equity gained on principal adds $2,213/yr, and 5% annual appreciation accumulates to $94,762 by year five. Five-year ROI measures 120.75% and total cumulative return in cash reaches $137,289. For financing, Ziffy Mortgage’s DSCR program evaluates $2,530/mo property income against a $1,679/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
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Listed by: N/A • Tri Pointe Homes
Mls Name: TRI Pointe Homes
Mls Provider:
Mls ID: #N/A