Sullivan Plan, RedlandAdvanceNC27006
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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
Investment property for sale in Advance at Sullivan Plan, Redland, Advance, NC, 27006 listed at $509,900 pairs $2,713/mo rent with a $2,496/mo payment. Total monthly income runs $2,713/mo. Return on cash invested measures 17.24% in year one, and rental yield registers 6.38% at a $509,900 basis. Equity gained on principal adds $3,290/yr, and annual property appreciation at 5% supports $140,876 by year five. Five-year ROI tracks 88.37% and total cumulative return in cash totals $148,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,713/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27006, Advance, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,346 (100%) |
| Owner Occupied HU | 5,736 (78.1%) |
| Renter Occupied HU | 1,129 (15.4%) |
| Vacant Housing Units | 481 ( 6.5%) |
| Median Home Value | $350,623 |
| Average Home Value | $380,540 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
5,624
Multi-Family
1,298
Businesses
336
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Listed by: N/A • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A