Devin Plan, Morrow BrookAlbemarleNC28002
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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 Albemarle at Devin Plan, Morrow Brook, Albemarle, NC, 28002 offers $0/mo rent that, after a $1,660/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.16% in year one, and rental yield stands at 0% at a $339,100 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,687 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,660/mo payment rather than borrower’s personal income verification through 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: 28002, Albemarle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
480
Single Family
0
Multi-Family
0
Businesses
306
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A