Paxton Plan, CorderaConcordNC28025
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
Rental property for sale in Concord at Paxton Plan, Cordera, Concord, NC, 28025 offers $4,211/mo rent that, after a $4,932/mo payment. Total monthly income is $4,211/mo. Return on cash invested measures 13.28% in year one, and rental yield stands at 5.01% at a $1,007,700 entry. Equity gained on principal adds $6,503/yr while 5% annual appreciation compounds into $278,409 by year five. Five-year ROI records 67.04% and total cumulative return in cash reaches $218,889. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,211/mo property income versus a $4,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28025, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,074 (100%) |
| Owner Occupied HU | 15,931 (66.2%) |
| Renter Occupied HU | 6,759 (28.1%) |
| Vacant Housing Units | 1,384 ( 5.7%) |
| Median Home Value | $356,267 |
| Average Home Value | $399,145 |
Housing Distribution
Address Breakdown
Residential
22,882
Single Family
21,679
Multi-Family
1,203
Businesses
1,495
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Listed by: N/A • Niblock Homes
Mls Name: Niblock Homes
Mls Provider:
Mls ID: #N/A