Knox Plan, Morrow BrookAlbemarleNC28002
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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
Rental property for sale in Albemarle at Knox Plan, Morrow Brook, Albemarle, NC, 28002 priced at $296,900 pairs $0/mo rent with after a $1,453/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.15% in year one, and rental yield stands at 0% on a $296,900 basis. Equity gained on principal adds $1,916/yr, and 5% annual appreciation accumulates to $82,028 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,453/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: 28002, Albemarle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
480
Single Family
0
Multi-Family
0
Businesses
306
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A