174 Core RoadRichlandsNC28574
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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
Rental property for sale in Richlands at 174 Core Road, Richlands, NC, 28574 priced at $245,000 pairs $1,537/mo rent with $44/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,537/mo, and annual cash flow comes to $528/yr on $81,218 invested. Return on cash invested is 20.56% in year one, and rental yield stands at 7.53% on a $245,000 basis. Equity gained on principal adds $1,581/yr, and 5% annual appreciation accumulates to $67,689 by year five. Five-year ROI measures 106.19% and total cumulative return in cash reaches $86,244. For financing, Ziffy Mortgage’s DSCR program evaluates $1,537/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28574, Richlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,158 (100%) |
| Owner Occupied HU | 5,572 (68.3%) |
| Renter Occupied HU | 1,722 (21.1%) |
| Vacant Housing Units | 864 (10.6%) |
| Median Home Value | $235,409 |
| Average Home Value | $266,109 |
Housing Distribution
Address Breakdown
Residential
7,543
Single Family
7,518
Multi-Family
25
Businesses
293
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Listed by: Melissa Brown • Melissa Brown Real Estate
Mls Name: Hive MLS
Mls ID: #100541660