Plan 2177 Plan, Midland CrossingMidlandNC28107
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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 Midland at Plan 2177 Plan, Midland Crossing, Midland, NC, 28107 priced at $380,990 converts $2,212/mo rent into after a $1,865/mo obligation. Total monthly income equals $2,212/mo. Return on cash invested prints 18.86% in year one, and rental yield reads 6.97% against a $380,990 entry. Equity gained on principal adds $2,458/yr, while 5% annual appreciation compiles into $105,261 by year five. Five-year ROI reaches 97.09% and total cumulative return in cash sums $122,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,212/mo property income covering a $1,865/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: 28107, Midland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,039 (100%) |
| Owner Occupied HU | 3,399 (84.2%) |
| Renter Occupied HU | 465 (11.5%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $419,281 |
| Average Home Value | $459,103 |
Housing Distribution
Address Breakdown
Residential
3,950
Single Family
3,950
Multi-Family
0
Businesses
223
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Listed by: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A