Tate Plan, Garmon Mill EstatesStanfieldNC28163
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 Stanfield at Tate Plan, Garmon Mill Estates, Stanfield, NC, 28163 offers a 8.08% rental yield on a $463,400 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $2,268/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,551/yr on $153,617 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $2,990/yr while 5% annual appreciation supports $128,029 over five years. Portfolio math shows five-year ROI at 115.1% and total cumulative return in cash at $176,809. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,268/mo payment rather than investor’s personal income documents like 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: 28163, Stanfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,844 (78.0%) |
| Renter Occupied HU | 411 (17.4%) |
| Vacant Housing Units | 110 ( 4.7%) |
| Median Home Value | $344,508 |
| Average Home Value | $370,395 |
Housing Distribution
Address Breakdown
Residential
2,235
Single Family
2,235
Multi-Family
0
Businesses
67
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