112 Blue Ridge RdState RoadNC28676
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 State Road at 112 Blue Ridge Rd, State Road, NC, 28676 at $243,700 posts ROI 24.97% with $341/mo cash flow from $1,826/mo rent. Total monthly income equals $1,826/mo, and annual cash flow records $4,087/yr on $80,787 to close. Return on cash invested measures 24.97% and rental yield reads 8.99% at the current $243,700. Equity gained on principal adds $1,573/yr, and 5% annual appreciation supports $67,330 by year five. Five-year ROI prints 129.87% and total cumulative return in cash totals $104,916.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,826/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28676, State Road, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,248 (73.1%) |
| Renter Occupied HU | 332 (19.4%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $242,083 |
| Average Home Value | $299,643 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
74
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Nearby investment properties with comparable prices
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