1369 Ararat RdAraratNC27007
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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 Ararat at 1369 Ararat Rd, Ararat, NC, 27007 earns from $1,742/mo rent with a $1,835/mo payment. Total monthly income totals $1,742/mo. ROI tracks 14.67% on current figures, and rental yield reads 5.57% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 74.59% and total cumulative return in cash sums $92,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,742/mo property income instead of your personal income.
Single Family
Built in 1974
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27007, Ararat, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 677 (72.3%) |
| Renter Occupied HU | 140 (14.9%) |
| Vacant Housing Units | 120 (12.8%) |
| Median Home Value | $228,650 |
| Average Home Value | $259,564 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
30
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Listed by: N/A • N/A
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