105 Conley Hills DriveRichlandsNC28574
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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 Richlands at 105 Conley Hills Drive, Richlands, NC, 28574 generates $1,674/mo in rent, after a $1,370/mo payment. Total monthly income is $1,674/mo. Return on cash invested sits at 19.5% in year one, and rental yield is 7.17% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 100.49% and total cumulative return in cash sums $93,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28574, Richlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,158 (100%) |
| Owner Occupied HU | 5,572 (68.3%) |
| Renter Occupied HU | 1,722 (21.1%) |
| Vacant Housing Units | 864 (10.6%) |
| Median Home Value | $235,409 |
| Average Home Value | $266,109 |
Housing Distribution
Address Breakdown
Residential
7,543
Single Family
7,518
Multi-Family
25
Businesses
293
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Listed by: Ronda Scott • RE/MAX Elite Realty Group
Mls Name: Hive MLS
Mls ID: #100522945