132 Sunridge Ave #16Horse ShoeNC28742
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 Horse Shoe at 132 Sunridge Ave #16, Horse Shoe, NC, 28742 earns from $4,728/mo rent with a $6,240/mo payment. Total monthly income totals $4,728/mo. ROI tracks 11.32% on current figures, and rental yield reads 4.45% at a $1,275,000 purchase. Equity gained on principal adds $8,227/yr, and 5% annual appreciation supports $352,259 over five years. Five-year ROI reaches 56.6% and total cumulative return in cash sums $233,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,728/mo property income instead of your personal income.
Single Family
Built in 2025
0.79 Acres lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28742, Horse Shoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,172 (76.9%) |
| Renter Occupied HU | 228 (15.0%) |
| Vacant Housing Units | 124 ( 8.1%) |
| Median Home Value | $419,289 |
| Average Home Value | $536,320 |
Housing Distribution
Address Breakdown
Residential
1,192
Single Family
1,177
Multi-Family
15
Businesses
101
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Nearby investment properties with comparable prices
Listed by: Angelina Radchishin • Big Hills Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4191783
Disclaimer: Based on information submitted to the MLS GRID as of 2025-02-21 12:24:17 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)