LOT 35 Peninsula Point DrNorwoodNC28128
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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 Norwood at LOT 35 Peninsula Point Dr, Norwood, NC, 28128 priced at $1,029,897 pairs $2,160/mo rent with after a $5,041/mo payment. Total monthly income equals $2,160/mo. Return on cash invested is 5.56% in year one, and rental yield stands at 2.52% on a $1,029,897 basis. Equity gained on principal adds $6,646/yr, and 5% annual appreciation accumulates to $284,542 by year five. Five-year ROI measures 25.71% and total cumulative return in cash reaches $85,794. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $5,041/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.39 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Paul Stanger • BSI Builder Services
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284751