GALEN Plan, River StoneElm CityNC27822
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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 Elm City at GALEN Plan, River Stone, Elm City, NC, 27822 priced at $336,990 pairs $1,080/mo rent with after a $1,649/mo payment. Total monthly income equals $1,080/mo. Return on cash invested is 9.45% in year one, and rental yield stands at 3.85% on a $336,990 basis. Equity gained on principal adds $2,175/yr, and 5% annual appreciation accumulates to $93,104 by year five. Five-year ROI measures 46.65% and total cumulative return in cash reaches $52,113. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $1,649/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: 27822, Elm City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,733 (100%) |
| Owner Occupied HU | 2,723 (72.9%) |
| Renter Occupied HU | 693 (18.6%) |
| Vacant Housing Units | 317 ( 8.5%) |
| Median Home Value | $192,828 |
| Average Home Value | $231,340 |
Housing Distribution
Address Breakdown
Residential
3,484
Single Family
3,484
Multi-Family
0
Businesses
152
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A