0 Rams Ridge TrlThurmondNC28683
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 Thurmond at 0 Rams Ridge Trl, Thurmond, NC, 28683 at $185,000 posts ROI 26.97% with $361/mo cash flow from $1,488/mo rent. Total monthly income equals $1,488/mo, and annual cash flow records $4,332/yr on $61,328 to close. Return on cash invested measures 26.97% and rental yield reads 9.65% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 140.59% and total cumulative return in cash totals $86,223.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,488/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28683, Thurmond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 598 (69.1%) |
| Renter Occupied HU | 139 (16.1%) |
| Vacant Housing Units | 129 (14.9%) |
| Median Home Value | $231,731 |
| Average Home Value | $281,049 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Lou Jewell • Land Pro Real Estate, Inc
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1127183
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