Palmary Plan, Forest CreekWaxhawNC28173
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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 Waxhaw at Palmary Plan, Forest Creek, Waxhaw, NC, 28173 priced at $486,990 pairs $3,079/mo rent with $111/mo cash flow after a $2,384/mo payment. Total monthly income equals $3,079/mo, and annual cash flow comes to $1,327/yr on $161,437 invested. Return on cash invested is 20.73% in year one, and rental yield stands at 7.59% on a $486,990 basis. Equity gained on principal adds $3,142/yr, and 5% annual appreciation accumulates to $134,546 by year five. Five-year ROI measures 107.13% and total cumulative return in cash reaches $172,947. For financing, Ziffy Mortgage’s DSCR program evaluates $3,079/mo property income against a $2,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28173, Waxhaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,726 (100%) |
| Owner Occupied HU | 19,959 (87.8%) |
| Renter Occupied HU | 2,103 ( 9.3%) |
| Vacant Housing Units | 664 ( 2.9%) |
| Median Home Value | $607,943 |
| Average Home Value | $684,101 |
Housing Distribution
Address Breakdown
Residential
22,303
Single Family
22,303
Multi-Family
0
Businesses
821
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A