Wakefield Plan, Garmon Mill EstatesStanfieldNC28163
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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 Stanfield at Wakefield Plan, Garmon Mill Estates, Stanfield, NC, 28163 offers a 7.44% rental yield on a $503,400 purchase with $3,120/mo rent. Total monthly income registers $3,120/mo, and a $2,464/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $623/yr on $165,619 to close, and return on cash invested stands at 20.44% in year one. Equity gained on principal adds $3,248/yr while 5% annual appreciation supports $139,080 over five years. Portfolio math shows five-year ROI at 105.5% and total cumulative return in cash at $174,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,464/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
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Listed by: N/A • True Homes
Mls Name: True Homes
Mls Provider:
Mls ID: #N/A