1114 Red Top RdWilkesboroNC28697
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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
Total monthly income runs $2,040/mo, and a $2,814/mo payment. Purchase price stands at $574,900, and rental yield measures 4.26% with $2,040/mo rent. Return on cash invested shows 10.77% in year one, and 5% annual appreciation builds toward $158,834 over five years. Five-year ROI reaches 53.71% and total cumulative return in cash records $101,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2009
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28697, Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,037 (100%) |
| Owner Occupied HU | 3,811 (63.1%) |
| Renter Occupied HU | 1,587 (26.3%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $249,953 |
| Average Home Value | $280,346 |
Housing Distribution
Address Breakdown
Residential
5,634
Single Family
5,365
Multi-Family
269
Businesses
693
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Listed by: Linda Zinger • Carolina Realty ERA Live Moore
Mls Name: Triad MLS
Mls ID: #1204944