Jordan Plan, Michaux GardensBelmontNC28012
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 Belmont at Jordan Plan, Michaux Gardens, Belmont, NC, 28012 with 5% annual appreciation on a $549,900 basis while $4,139/mo rent supports operations. Total monthly income totals $4,139/mo and a $2,691/mo payment preserves $788/mo for cash returns. Annual cash flow comes to $9,457/yr on $180,917 deployed, and return on cash invested reaches 25.29% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 9.03%. Five-year ROI measures 131.55% and total cumulative return in cash totals $237,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,139/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • DRB Homes
Mls Name: DRB Homes
Mls Provider:
Mls ID: #N/A