North Carolina | SFR Portfolio

    List Price

    $537,550

    or

    Min Purchase

    5 of 6

    Avg Price

    $89,592

    Avg Sqft

    1,180

    Avg Year Built

    1945

    FINANCIAL HIGHLIGHTS

    Rent

    Monthly Average

    $937

    Monthly Total

    $5,620

    Occupancy

    100%

    Levered IRR

    30.3%

    Cap Rate

    8.9%

    Gross Yield

    12.5%

    Net Income

    $48,044

    Appreciation

    9.6%
    image0
    84 1st Ave, China GroveNC 28023
    $91,000

    3 bd, 1 ba | 1,200 sqft 

    10.9%

    Gross Yield

    7.6%

    Cap Rate

    Neighborhood Rating

    image0
    803 Laura Ave, KannapolisNC 28083
    $135,000

    4 bd, 2.5 ba | 1,266 sqft 

    14.4%

    Gross Yield

    11.0%

    Cap Rate

    Neighborhood Rating

    image0
    Sold
    711 W Rice St, LandisNC 28088
    $93,000

    2 bd, 1 ba | 1,064 sqft 

    10.6%

    Gross Yield

    7.4%

    Cap Rate

    Neighborhood Rating

    image0
    Sold
    818 N Jackson St, SalisburyNC 28144
    $67,050

    2 bd, 1 ba | 1,292 sqft 

    12.8%

    Gross Yield

    8.6%

    Cap Rate

    Neighborhood Rating

    image0
    Sold
    301 Carolina Blvd, SalisburyNC 28146
    $83,000

    3 bd, 1 ba | 1,192 sqft 

    12.3%

    Gross Yield

    8.6%

    Cap Rate

    Neighborhood Rating

    image0
    Sold
    419 W 14th St, SalisburyNC 28144
    $68,500

    2 bd, 1 ba | 1,067 sqft 

    13.8%

    Gross Yield

    9.5%

    Cap Rate

    Neighborhood Rating