TBD Buffalo Nvno DriveZionvilleNC28698
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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 Zionville at TBD Buffalo Nvno Drive, Zionville, NC, 28698 uses $41,438 cash to close to unlock $11,332/yr annual cash flow and $944/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $612/mo payment keeps the spread at $944/mo. Purchase price stands at $125,000, and rental yield measures 18.18% with $1,894/mo rent. Return on cash invested shows 47.26% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 251.41% and total cumulative return in cash records $104,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $612/mo payment rather than investor’s personal income.
Lot
Built in N/A
2.67 Acres lot
$N/A/sqft
$563 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28698, Zionville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,309 (100%) |
| Owner Occupied HU | 785 (60.0%) |
| Renter Occupied HU | 204 (15.6%) |
| Vacant Housing Units | 320 (24.4%) |
| Median Home Value | $312,356 |
| Average Home Value | $418,436 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,007
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Christy Lombardozzi • Keller Williams High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #251041
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.