Denver Plan, Townes at Tap Root FarmsFletcherNC28732
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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 Fletcher at Denver Plan, Townes at Tap Root Farms, Fletcher, NC, 28732 offers a 9.57% rental yield on a $355,990 purchase with $2,840/mo rent. Total monthly income registers $2,840/mo, and a $1,742/mo payment leaves $671/mo available for distribution. Annual cash flow reaches $8,050/yr on $118,011 to close, and return on cash invested stands at 26.73% in year one. Equity gained on principal adds $2,297/yr while 5% annual appreciation supports $98,353 over five years. Portfolio math shows five-year ROI at 139.29% and total cumulative return in cash at $164,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,840/mo property income against a $1,742/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: Whitney Thompson • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A