Hayden Plan, CrossroadsLocustNC28097
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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
Investment property for sale in Locust at Hayden Plan, Crossroads, Locust, NC, 28097 listed at $405,990 pairs $2,615/mo rent with a $1,987/mo payment to leave $141/mo cash flow. Total monthly income runs $2,615/mo, and annual cash flow reaches $1,690/yr on $134,586 cash to close. Return on cash invested measures 21.16% in year one, and rental yield registers 7.73% at a $405,990 basis. Equity gained on principal adds $2,620/yr, and annual property appreciation at 5% supports $112,168 by year five. Five-year ROI tracks 109.45% and total cumulative return in cash totals $147,300. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,615/mo property income relative to a $1,987/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28097, Locust, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,049 (100%) |
| Owner Occupied HU | 2,333 (76.5%) |
| Renter Occupied HU | 566 (18.6%) |
| Vacant Housing Units | 150 ( 4.9%) |
| Median Home Value | $315,438 |
| Average Home Value | $340,889 |
Housing Distribution
Address Breakdown
Residential
3,343
Single Family
3,343
Multi-Family
0
Businesses
323
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Listed by: Theresa & Tricia - Online Concierge Team • D.R. Horton - Charlotte South
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A