1435 Panther Point RdRichfieldNC28137
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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
Rental property for sale in Richfield at 1435 Panther Point Rd, Richfield, NC, 28137 generates $1,958/mo in rent, after a $3,421/mo payment. Total monthly income is $1,958/mo. Return on cash invested sits at 8.05% in year one, and rental yield is 3.36% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 39.1% and total cumulative return in cash sums $89,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,958/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28137, Richfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,034 (69.9%) |
| Renter Occupied HU | 228 (15.4%) |
| Vacant Housing Units | 218 (14.7%) |
| Median Home Value | $268,820 |
| Average Home Value | $315,273 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
110
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Listed by: Jeremiah Gilliland • Wilson Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305929