2013 Dock Ridge DrStokesdaleNC27357
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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 Stokesdale at 2013 Dock Ridge Dr, Stokesdale, NC, 27357 generates $3,514/mo in rent and, after a $2,349/mo payment, leaves $589/mo in cash flow. Total monthly income is $3,514/mo, and annual cash flow is $7,068/yr on $159,120 invested. Return on cash invested sits at 24.35% in year one, and rental yield is 8.79% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 126.52% and total cumulative return in cash sums $201,317. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,514/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
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Listed by: Austin Hege • Southern Signature Properties
Mls Name: Triad MLS
Mls ID: #1203218