Jasper Plan, Garmon Mill EstatesMidlandNC28107
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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 Midland at Jasper Plan, Garmon Mill Estates, Midland, NC, 28107 priced at $427,400 pairs $3,214/mo rent with $609/mo cash flow after a $2,092/mo payment. Total monthly income equals $3,214/mo, and annual cash flow comes to $7,309/yr on $141,683 invested. Return on cash invested is 25.07% in year one, and rental yield stands at 9.02% on a $427,400 basis. Equity gained on principal adds $2,758/yr, and 5% annual appreciation accumulates to $118,083 by year five. Five-year ROI measures 130.4% and total cumulative return in cash reaches $184,754. For financing, Ziffy Mortgage’s DSCR program evaluates $3,214/mo property income against a $2,092/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: 28107, Midland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,039 (100%) |
| Owner Occupied HU | 3,399 (84.2%) |
| Renter Occupied HU | 465 (11.5%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $419,281 |
| Average Home Value | $459,103 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,950
Multi-Family
0
Businesses
223
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A