Coldwater Plan, The HamletFlat RockNC28731
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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
Investment property for sale in Flat Rock at Coldwater Plan, The Hamlet, Flat Rock, NC, 28731 offers a 9.2% rental yield on a $171,500 purchase with $1,315/mo rent. Total monthly income registers $1,315/mo, and a $839/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,242/yr on $56,852 to close, and return on cash invested stands at 25.61% in year one. Equity gained on principal adds $1,107/yr while 5% annual appreciation supports $47,382 over five years. Portfolio math shows five-year ROI at 133.38% and total cumulative return in cash at $75,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,315/mo property income against a $839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 3,286 (67.9%) |
| Renter Occupied HU | 759 (15.7%) |
| Vacant Housing Units | 792 (16.4%) |
| Median Home Value | $426,195 |
| Average Home Value | $467,902 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,376
Multi-Family
141
Businesses
351
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Listed by: N/A • Simple Life
Mls Name: Simple Life
Mls ID: #N/A