1739 Roaring Gap RdThurmondNC28683
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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 Thurmond at 1739 Roaring Gap Rd, Thurmond, NC, 28683 generates $2,250/mo in rent, after a $2,619/mo payment. Total monthly income is $2,250/mo. Return on cash invested sits at 13.17% in year one, and rental yield is 5.05% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 66.53% and total cumulative return in cash sums $117,100. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,250/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
9.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28683, Thurmond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 866 (100%) |
| Owner Occupied HU | 598 (69.1%) |
| Renter Occupied HU | 139 (16.1%) |
| Vacant Housing Units | 129 (14.9%) |
| Median Home Value | $231,731 |
| Average Home Value | $281,049 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
24
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Listed by: April Sweatman • Express Home Realty
Mls Name: Triad MLS
Mls ID: #1191753