13455 Rough And Ready RoadCerro GordoNC28430
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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 Cerro Gordo at 13455 Rough And Ready Road, Cerro Gordo, NC, 28430 earns from $1,556/mo rent with a $1,346/mo payment. Total monthly income totals $1,556/mo. ROI tracks 18.33% on current figures, and rental yield reads 6.79% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 94.23% and total cumulative return in cash sums $85,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,556/mo property income instead of your personal income.
Manufactured
Built in 1998
1 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28430, Cerro Gordo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 525 (69.1%) |
| Renter Occupied HU | 153 (20.1%) |
| Vacant Housing Units | 82 (10.8%) |
| Median Home Value | $179,167 |
| Average Home Value | $216,700 |
Housing Distribution
Address Breakdown
Residential
594
Single Family
594
Multi-Family
0
Businesses
28
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Listed by: Trina C Strickland • Only Way Realty Carolina Grand Strand Properties
Mls Name: Hive MLS
Mls ID: #100548580