1113 Ridgecliff DrRural HallNC27045
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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 Rural Hall at 1113 Ridgecliff Dr, Rural Hall, NC, 27045 generates $2,224/mo in rent and, after a $1,468/mo payment, leaves $396/mo in cash flow. Total monthly income is $2,224/mo, and annual cash flow is $4,753/yr on $99,417 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 8.9% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 128.4% and total cumulative return in cash sums $127,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,224/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27045, Rural Hall, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,549 (100%) |
| Owner Occupied HU | 3,316 (72.9%) |
| Renter Occupied HU | 931 (20.5%) |
| Vacant Housing Units | 302 ( 6.6%) |
| Median Home Value | $258,820 |
| Average Home Value | $281,362 |
Housing Distribution
Address Breakdown
Residential
4,296
Single Family
4,188
Multi-Family
108
Businesses
223
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Listed by: Chasity Carroll • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1207379