130 Timber Ridge RoadSugar GroveNC28679
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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 Sugar Grove at 130 Timber Ridge Road, Sugar Grove, NC, 28679 listed at $449,900 pairs $2,456/mo rent with a $2,202/mo payment. Total monthly income runs $2,456/mo. Return on cash invested measures 17.61% in year one, and rental yield registers 6.55% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 90.4% and total cumulative return in cash totals $134,830. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,456/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28679, Sugar Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 654 (59.1%) |
| Renter Occupied HU | 167 (15.1%) |
| Vacant Housing Units | 286 (25.8%) |
| Median Home Value | $349,068 |
| Average Home Value | $389,266 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
45
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Listed by: Joel Farthing • Boone Real Estate
Mls Name: High Country AOR
Mls ID: #259239