Cedar Plan, South MillsH3u85a South MillsNC27976
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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 H3u85a South Mills at Cedar Plan, South Mills, H3u85a South Mills, NC, 27976 priced at $364,990 pairs $2,400/mo rent with $176/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $2,112/yr on $120,994 invested. Return on cash invested is 21.65% in year one, and rental yield stands at 7.89% on a $364,990 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,840 by year five. Five-year ROI measures 112.11% and total cumulative return in cash reaches $135,652. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,786/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: 27976, South Mills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,672 (100%) |
| Owner Occupied HU | 1,372 (82.1%) |
| Renter Occupied HU | 233 (13.9%) |
| Vacant Housing Units | 67 ( 4.0%) |
| Median Home Value | $343,229 |
| Average Home Value | $360,955 |
Housing Distribution
Address Breakdown
Residential
1,432
Single Family
1,432
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A