202 Oak Ridge DrArchdaleNC27263
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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 Archdale at 202 Oak Ridge Dr, Archdale, NC, 27263 at $299,900 posts ROI 25.06% with $427/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $5,125/yr on $99,417 to close. Return on cash invested measures 25.06% and rental yield reads 9.02% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 130.41% and total cumulative return in cash totals $129,652.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2020
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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Listed by: Samantha Mueller • Berkshire Hathaway HomeServices Carolinas Realty
Mls Name: Triad MLS
Mls ID: #1200315