The Sonoma Plan, Annsborough ParkConcordNC28027
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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
Rental property for sale in Concord at The Sonoma Plan, Annsborough Park, Concord, NC, 28027 priced at $710,990 converts $4,436/mo rent into $103/mo cash flow after a $3,480/mo obligation. Total monthly income equals $4,436/mo, and annual cash flow totals $1,234/yr on $233,916 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 7.49% against a $710,990 entry. Equity gained on principal adds $4,588/yr, while 5% annual appreciation compiles into $196,433 by year five. Five-year ROI reaches 106.31% and total cumulative return in cash sums $248,686. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,436/mo property income covering a $3,480/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28027, Concord, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,521 (100%) |
| Owner Occupied HU | 20,561 (59.6%) |
| Renter Occupied HU | 12,306 (35.6%) |
| Vacant Housing Units | 1,654 ( 4.8%) |
| Median Home Value | $407,377 |
| Average Home Value | $451,720 |
Housing Distribution
Address Breakdown
Residential
32,011
Single Family
28,282
Multi-Family
3,729
Businesses
2,407
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Listed by: N/A • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A