Graham II Plan, Willoughby ParkMonroeNC28112
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
Rental property for sale in Monroe at Graham II Plan, Willoughby Park, Monroe, NC, 28112 priced at $377,990 converts $2,772/mo rent into $468/mo cash flow after a $1,850/mo obligation. Total monthly income equals $2,772/mo, and annual cash flow totals $5,621/yr on $125,304 invested. Return on cash invested prints 24.39% in year one, and rental yield reads 8.8% against a $377,990 entry. Equity gained on principal adds $2,439/yr, while 5% annual appreciation compiles into $104,432 by year five. Five-year ROI reaches 126.78% and total cumulative return in cash sums $158,862. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,772/mo property income covering a $1,850/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28112, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 8,046 (70.7%) |
| Renter Occupied HU | 2,743 (24.1%) |
| Vacant Housing Units | 594 ( 5.2%) |
| Median Home Value | $359,879 |
| Average Home Value | $454,375 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
10,763
Multi-Family
8
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A