100 Deer Ridge RdSiler CityNC27344
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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
Rental property for sale in Siler City at 100 Deer Ridge Rd, Siler City, NC, 27344 offers $2,554/mo rent that, after a $2,447/mo payment. Total monthly income is $2,554/mo. Return on cash invested measures 16.34% in year one, and rental yield stands at 6.13% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 83.6% and total cumulative return in cash reaches $138,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,554/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Michelle Jordan • Realty World Carolina Prop
Mls Name: Doorify MLS
Mls ID: #10103610