Lenox Plan, Westbrook FallsColfaxNC27235
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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 Colfax at Lenox Plan, Westbrook Falls, Colfax, NC, 27235 offers a 8.86% rental yield on a $416,900 purchase with $3,079/mo rent. Total monthly income registers $3,079/mo, and a $2,041/mo payment leaves $538/mo available for distribution. Annual cash flow reaches $6,453/yr on $138,202 to close, and return on cash invested stands at 24.58% in year one. Equity gained on principal adds $2,690/yr while 5% annual appreciation supports $115,182 over five years. Portfolio math shows five-year ROI at 127.76% and total cumulative return in cash at $176,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,079/mo property income against a $2,041/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27235, Colfax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,558 (58.7%) |
| Renter Occupied HU | 861 (32.4%) |
| Vacant Housing Units | 236 ( 8.9%) |
| Median Home Value | $372,727 |
| Average Home Value | $417,988 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,157
Multi-Family
399
Businesses
208
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Listed by: N/A • True Homes
Mls Name: True Homes
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Mls ID: #N/A