10 Scarlett Ridge DrMarshallNC28753
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
Rental property for sale in Marshall at 10 Scarlett Ridge Dr, Marshall, NC, 28753 priced at $380,000 converts $2,526/mo rent into $210/mo cash flow after a $1,860/mo obligation. Total monthly income equals $2,526/mo, and annual cash flow totals $2,520/yr on $125,970 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 7.98% against a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation compiles into $104,987 by year five. Five-year ROI reaches 113.44% and total cumulative return in cash sums $142,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,526/mo property income covering a $1,860/mo payment, not borrower’s personal income.
Single Family
Built in 2019
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28753, Marshall, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,365 (100%) |
| Owner Occupied HU | 4,245 (66.7%) |
| Renter Occupied HU | 1,186 (18.6%) |
| Vacant Housing Units | 934 (14.7%) |
| Median Home Value | $306,902 |
| Average Home Value | $374,169 |
Housing Distribution
Address Breakdown
Residential
5,732
Single Family
5,691
Multi-Family
41
Businesses
297
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Listed by: Bradley Thomas • NextHome Partners
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317655