1313 Rivercrest DrEdenNC27288
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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 Eden at 1313 Rivercrest Dr, Eden, NC, 27288 offers a 11.53% rental yield on a $129,900 purchase with $1,248/mo rent. Total monthly income registers $1,248/mo, and a $636/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,473/yr on $43,062 to close, and return on cash invested stands at 32.62% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 171.01% and total cumulative return in cash at $73,639. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,248/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27288, Eden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,875 (100%) |
| Owner Occupied HU | 6,513 (54.8%) |
| Renter Occupied HU | 3,985 (33.6%) |
| Vacant Housing Units | 1,377 (11.6%) |
| Median Home Value | $146,940 |
| Average Home Value | $188,054 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,166
Multi-Family
601
Businesses
714
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Listed by: Judy Hutcherson • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1205429