109 Emerald Ridge Rd #44SapphireNC28774
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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 Sapphire at 109 Emerald Ridge Rd #44, Sapphire, NC, 28774 earns $157/mo cash flow from $2,869/mo rent with a $2,178/mo payment. Total monthly income totals $2,869/mo, and annual cash flow totals $1,884/yr on $147,518 capital. ROI tracks 21.19% on current figures, and rental yield reads 7.74% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 109.55% and total cumulative return in cash sums $161,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,869/mo property income instead of your personal income.
Condo
Built in 1983
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28774, Sapphire, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 701 (23.3%) |
| Renter Occupied HU | 144 ( 4.8%) |
| Vacant Housing Units | 2,164 (71.9%) |
| Median Home Value | $576,754 |
| Average Home Value | $680,036 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
65
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Listed by: N/A • N/A
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