Troutman · Troutman, NC
119 Port Bow Drive
Troutman, NC · 2,637 sqft
$479,000
- 4Beds
- 3.5Baths
- 2,637SqFt
- 2021Year
- 1Days on market
About this home
Rare Investor Opportunity – One of Only a Handful of Approved Rental Properties Built in 2022
This Troutman property has a unique advantage for investors: it is grandfathered as one of only a few homes in the community officially approved for rental use. Very few properties in this neighborhood carry this designation, making this a scarce, high-demand asset for anyone seeking a hassle-free, compliant rental opportunity.
The home features a well-maintained layout, strong build quality, and a location for long-term tenants—close to Lake Norman, main commuter routes, dining, shopping, and local employers. Low maintenance requirements and community amenities add to the ease of ownership.
Property details
- Beds
- 4
- Baths
- 3.5
- SqFt
- 2,637
- Lot
- —
- Year built
- 2021
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,525/ month
- Principal & interest
- $2,966
- Property tax (~1.05%)
- $419
- Homeowners insurance
- $139
- HOA dues
- —
Down payment
$23,950 down · $455,050 financed
Income to qualify (28% rule)
~$151,089 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.