Rockford Plan, SummerfieldMatthewsNC28105
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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 Matthews at Rockford Plan, Summerfield, Matthews, NC, 28105 offers $5,545/mo rent that, after a $7,224/mo payment. Total monthly income is $5,545/mo. Return on cash invested measures 11.71% in year one, and rental yield stands at 4.51% at a $1,475,990 entry. Equity gained on principal adds $9,524/yr while 5% annual appreciation compounds into $407,789 by year five. Five-year ROI records 58.66% and total cumulative return in cash reaches $280,521. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,545/mo property income versus a $7,224/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: 28105, Matthews, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,494 (100%) |
| Owner Occupied HU | 12,458 (63.9%) |
| Renter Occupied HU | 6,384 (32.7%) |
| Vacant Housing Units | 652 ( 3.3%) |
| Median Home Value | $457,147 |
| Average Home Value | $515,720 |
Housing Distribution
Address Breakdown
Residential
19,513
Single Family
15,532
Multi-Family
3,981
Businesses
1,554
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Listed by: N/A • JPOrleans
Mls Name: JP Orleans
Mls Provider:
Mls ID: #N/A