Park Plan, Page TownesMorrisvilleNC27560
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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 Morrisville at Park Plan, Page Townes, Morrisville, NC, 27560 priced at $462,990 converts $2,896/mo rent into $74/mo cash flow after a $2,266/mo obligation. Total monthly income equals $2,896/mo, and annual cash flow totals $893/yr on $153,481 invested. Return on cash invested prints 20.49% in year one, and rental yield reads 7.51% against a $462,990 entry. Equity gained on principal adds $2,988/yr, while 5% annual appreciation compiles into $127,916 by year five. Five-year ROI reaches 105.84% and total cumulative return in cash sums $162,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,896/mo property income covering a $2,266/mo payment, not borrower’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27560, Morrisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,137 (100%) |
| Owner Occupied HU | 7,181 (37.5%) |
| Renter Occupied HU | 10,451 (54.6%) |
| Vacant Housing Units | 1,505 ( 7.9%) |
| Median Home Value | $545,572 |
| Average Home Value | $600,506 |
Housing Distribution
Address Breakdown
Residential
17,704
Single Family
9,094
Multi-Family
8,610
Businesses
1,917
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Listed by: N/A • McKee Homes
Mls Name: McKee Homes
Mls Provider:
Mls ID: #N/A