171 Riverview DrSpartaNC28675
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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 Sparta at 171 Riverview Dr, Sparta, NC, 28675 at $316,050 posts ROI 15.22% with from $1,517/mo rent. Total monthly income equals $1,517/mo. Return on cash invested measures 15.22% and rental yield reads 5.76% at the current $316,050. Equity gained on principal adds $2,039/yr, and 5% annual appreciation supports $87,319 by year five. Five-year ROI prints 77.59% and total cumulative return in cash totals $81,287. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,517/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28675, Sparta, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,136 (54.7%) |
| Renter Occupied HU | 765 (19.6%) |
| Vacant Housing Units | 1,003 (25.7%) |
| Median Home Value | $295,390 |
| Average Home Value | $371,699 |
Housing Distribution
Address Breakdown
Residential
2,908
Single Family
2,908
Multi-Family
0
Businesses
340
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Nearby investment properties with comparable prices
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