Hillcrest Plan, Red HillConcordNC28027
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFinancing efficiency matters for international buyers, and Hillcrest Plan, Red Hill, Concord, NC, 28027 in Concord offers it: the 1.50 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 7.18%. Long-term, 5% appreciation is forecast to add $176,295, and $5,877/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $268,335.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $(70) | $1,250 |
City averages based on Concord market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,302 |
| Total Monthly Debt Service | $3,635 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Niblock Homes
Mls Name: Niblock Homes
Mls Provider:
Mls ID: #N/A