Glimmer Plan, Bryson's RidgeHopeNC27882
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hope at Glimmer Plan, Bryson's Ridge, Hope, NC, 27882 offers a 8.45% rental yield on a $274,990 purchase with $1,936/mo rent. Total monthly income registers $1,936/mo, and a $1,346/mo payment leaves $260/mo available for distribution. Annual cash flow reaches $3,120/yr on $91,159 to close, and return on cash invested stands at 23.33% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,975 over five years. Portfolio math shows five-year ROI at 121.13% and total cumulative return in cash at $110,420. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,936/mo property income against a $1,346/mo payment rather than investor’s personal income documents like 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: 27882, Spring Hope, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,612 (100%) |
| Owner Occupied HU | 2,273 (62.9%) |
| Renter Occupied HU | 909 (25.2%) |
| Vacant Housing Units | 430 (11.9%) |
| Median Home Value | $232,500 |
| Average Home Value | $272,079 |
Housing Distribution
Address Breakdown
Residential
3,299
Single Family
3,299
Multi-Family
0
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A