2079 Shady Grove RdProvidenceNC27315
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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
Total monthly income runs $0/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.15% in year one, and 5% annual appreciation builds toward $109,131 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1860
11.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27315, Providence, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 610 (66.1%) |
| Renter Occupied HU | 201 (21.8%) |
| Vacant Housing Units | 112 (12.1%) |
| Median Home Value | $165,099 |
| Average Home Value | $213,861 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
33
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No similar rental properties found nearby.
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Listed by: Sallie Abreu • RAMSEY YEATTS & ASSOCIATES, REALTORS
Mls Name: Dan River Region AOR
Mls ID: #74504