S Vance StFremontNC27830
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 Fremont at S Vance St, Fremont, NC, 27830 priced at $262,900 converts $1,458/mo rent into after a $1,287/mo obligation. Total monthly income equals $1,458/mo. Return on cash invested prints 17.92% in year one, and rental yield reads 6.66% against a $262,900 entry. Equity gained on principal adds $1,696/yr, while 5% annual appreciation compiles into $72,634 by year five. Five-year ROI reaches 92.08% and total cumulative return in cash sums $80,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,458/mo property income covering a $1,287/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: 27830, Fremont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,999 (100%) |
| Owner Occupied HU | 1,233 (61.7%) |
| Renter Occupied HU | 491 (24.6%) |
| Vacant Housing Units | 275 (13.8%) |
| Median Home Value | $199,038 |
| Average Home Value | $229,019 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,500
Multi-Family
0
Businesses
113
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Listed by: N/A • The Beth Hines Team
Mls Name: The Beth Hines Team
Mls ID: #N/A