Somerset Plan, Davis HillsDallasNC28034
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 Dallas at Somerset Plan, Davis Hills, Dallas, NC, 28034 offers $2,617/mo rent that, after a $1,769/mo payment, leaves $414/mo cash flow. Total monthly income is $2,617/mo, and annual cash flow is $4,970/yr on $119,837 cash. Return on cash invested measures 24.06% in year one, and rental yield stands at 8.69% at a $361,500 entry. Equity gained on principal adds $2,333/yr while 5% annual appreciation compounds into $99,876 by year five. Five-year ROI records 124.99% and total cumulative return in cash reaches $149,784. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,617/mo property income versus a $1,769/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: 28034, Dallas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,751 (100%) |
| Owner Occupied HU | 5,909 (67.5%) |
| Renter Occupied HU | 2,315 (26.5%) |
| Vacant Housing Units | 527 ( 6.0%) |
| Median Home Value | $279,675 |
| Average Home Value | $318,208 |
Housing Distribution
Address Breakdown
Residential
8,074
Single Family
7,784
Multi-Family
290
Businesses
495
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A