13018 Meadow Ridge DrRougemontNC27572
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 Rougemont at 13018 Meadow Ridge Dr, Rougemont, NC, 27572 listed at $425,000 pairs $2,813/mo rent with a $2,080/mo payment to leave $223/mo cash flow. Total monthly income runs $2,813/mo, and annual cash flow reaches $2,676/yr on $140,888 cash to close. Return on cash invested measures 21.81% in year one, and rental yield registers 7.94% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 112.88% and total cumulative return in cash totals $159,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,813/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27572, Rougemont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,326 (81.4%) |
| Renter Occupied HU | 379 (13.3%) |
| Vacant Housing Units | 152 ( 5.3%) |
| Median Home Value | $366,377 |
| Average Home Value | $425,469 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,993
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Morgan Smith • Compass -- Chapel Hill - Durham
Mls Name: Doorify MLS
Mls ID: #10128949