Devin Plan, Garmon Mill EstatesStanfieldNC28163
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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 Stanfield at Devin Plan, Garmon Mill Estates, Stanfield, NC, 28163 priced at $458,400 pairs $3,120/mo rent with $326/mo cash flow after a $2,244/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $3,911/yr on $151,960 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 8.17% on a $458,400 basis. Equity gained on principal adds $2,958/yr, and 5% annual appreciation accumulates to $126,647 by year five. Five-year ROI measures 116.5% and total cumulative return in cash reaches $177,039. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $2,244/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: 28163, Stanfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,844 (78.0%) |
| Renter Occupied HU | 411 (17.4%) |
| Vacant Housing Units | 110 ( 4.7%) |
| Median Home Value | $344,508 |
| Average Home Value | $370,395 |
Housing Distribution
Address Breakdown
Residential
2,235
Single Family
2,235
Multi-Family
0
Businesses
67
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Listed by: N/A • True Homes
Mls Name: True Homes
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Mls ID: #N/A