Palladio Ranch Plan, Middle Creek Village Single Family HomesBoliviaNC28422
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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 Bolivia at Palladio Ranch Plan, Middle Creek Village Single Family Homes, Bolivia, NC, 28422 priced at $358,990 converts $2,712/mo rent into $524/mo cash flow after a $1,757/mo obligation. Total monthly income equals $2,712/mo, and annual cash flow totals $6,291/yr on $119,005 invested. Return on cash invested prints 25.19% in year one, and rental yield reads 9.07% against a $358,990 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,182 by year five. Five-year ROI reaches 131.09% and total cumulative return in cash sums $156,004. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,712/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A