Freeport Plan, Blair RidgeLa GrangeNC28551
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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 La Grange at Freeport Plan, Blair Ridge, La Grange, NC, 28551 priced at $278,990 pairs $2,222/mo rent with $521/mo cash flow after a $1,366/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $6,255/yr on $92,485 invested. Return on cash invested is 26.67% in year one, and rental yield stands at 9.56% on a $278,990 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,080 by year five. Five-year ROI measures 139.03% and total cumulative return in cash reaches $128,584. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28551, La Grange, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,818 (100%) |
| Owner Occupied HU | 3,583 (61.6%) |
| Renter Occupied HU | 1,525 (26.2%) |
| Vacant Housing Units | 710 (12.2%) |
| Median Home Value | $182,914 |
| Average Home Value | $233,400 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
5,994
Multi-Family
23
Businesses
299
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A