Savoy II Plan, Piper LandingConcordNC28027
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
Investment property for sale in Concord at Savoy II Plan, Piper Landing, Concord, NC, 28027 listed at $522,990 pairs $3,546/mo rent with a $2,560/mo payment to leave $358/mo cash flow. Total monthly income runs $3,546/mo, and annual cash flow reaches $4,301/yr on $172,064 cash to close. Return on cash invested measures 22.56% in year one, and rental yield registers 8.14% at a $522,990 basis. Equity gained on principal adds $3,375/yr, and annual property appreciation at 5% supports $144,492 by year five. Five-year ROI tracks 116.92% and total cumulative return in cash totals $201,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,546/mo property income relative to a $2,560/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fran Kunkle • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A