1808 State Highway 308, Rich Square, NC, 27869 | $2/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Rich Square at 1808 State Highway 308, Rich Square, NC, 27869 listed at $274,000 pairs $1,672/mo rent with a $1,341/mo payment to leave $2/mo cash flow. Total monthly income runs $1,672/mo, and annual cash flow reaches $26/yr on $90,831 cash to close. Return on cash invested measures 19.94% in year one, and rental yield registers 7.32% at a $274,000 basis. Equity gained on principal adds $1,768/yr, and annual property appreciation at 5% supports $75,701 by year five. Five-year ROI tracks 102.93% and total cumulative return in cash totals $93,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,672/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1972

4.20 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 27869, Rich Square, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,029 (100%)
Owner Occupied HU	520 (50.5%)
Renter Occupied HU	215 (20.9%)
Vacant Housing Units	294 (28.6%)
Median Home Value	$112,222
Average Home Value	$128,313