Nassau Cove Plan, Smith Village TownhomesTroutmanNC28166
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 Troutman at Nassau Cove Plan, Smith Village Townhomes, Troutman, NC, 28166 uses $95,137 cash to close to unlock $8,623/yr annual cash flow and $719/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,405/mo payment keeps the spread at $719/mo. Purchase price stands at $286,990, and rental yield measures 10.32% with $2,468/mo rent. Return on cash invested shows 28.97% in year one, and 5% annual appreciation builds toward $79,290 over five years. Five-year ROI reaches 151.33% and total cumulative return in cash records $143,971. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28166, Troutman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,433 (100%) |
| Owner Occupied HU | 5,069 (78.8%) |
| Renter Occupied HU | 839 (13.0%) |
| Vacant Housing Units | 525 ( 8.2%) |
| Median Home Value | $391,722 |
| Average Home Value | $457,118 |
Housing Distribution
Address Breakdown
Residential
5,578
Single Family
5,577
Multi-Family
1
Businesses
393
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A