The Kevin Plan, Gander LakePrincetonNC27569
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 Princeton at The Kevin Plan, Gander Lake, Princeton, NC, 27569 uses $107,041 cash to close to unlock $3,114/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,267/mo, and a $1,580/mo payment keeps the spread at $260/mo. Purchase price stands at $322,900, and rental yield measures 8.42% with $2,267/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $89,211 over five years. Five-year ROI reaches 118.48% and total cumulative return in cash records $126,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,267/mo property income covering a $1,580/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • The Tammy Register Team
Mls Name: The Tammy Register Team
Mls ID: #N/A