1041 Parkers Ridge DrFuquay VarinaNC27526
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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
Investment property for sale in Fuquay Varina at 1041 Parkers Ridge Dr, Fuquay Varina, NC, 27526 earns $230/mo cash flow from $2,058/mo rent with a $1,468/mo payment. Total monthly income totals $2,058/mo, and annual cash flow totals $2,760/yr on $99,450 capital. ROI tracks 22.68% on current figures, and rental yield reads 8.23% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash sums $116,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,058/mo property income instead of your personal income.
Single Family
Built in 2013
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27526, Fuquay Varina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,398 (100%) |
| Owner Occupied HU | 22,007 (74.9%) |
| Renter Occupied HU | 5,725 (19.5%) |
| Vacant Housing Units | 1,666 ( 5.7%) |
| Median Home Value | $454,486 |
| Average Home Value | $535,857 |
Housing Distribution
Address Breakdown
Residential
27,375
Single Family
27,088
Multi-Family
287
Businesses
1,165
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Listed by: Dylan Hale • Keller Williams Elite Realty
Mls Name: Doorify MLS
Mls ID: #10136949