208 Meadow DrRich SquareNC27869
Nearby investment properties with comparable rents
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 Rich Square at 208 Meadow Dr, Rich Square, NC, 27869 with 5% annual appreciation on a $129,000 basis while $1,005/mo rent supports operations. Total monthly income totals $1,005/mo and a $631/mo payment preserves $219/mo for cash returns. Annual cash flow comes to $2,630/yr on $42,764 deployed, and return on cash invested reaches 26.06% in year one. Equity gained on principal adds $832/yr, and five-year appreciation sums $35,640 alongside rental yield of 9.35%. Five-year ROI measures 135.79% and total cumulative return in cash totals $58,069.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,005/mo property income versus a $631/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.81 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 |
Housing Distribution
Address Breakdown
Residential
577
Single Family
577
Multi-Family
0
Businesses
54
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Listed by: Michelle Garriss • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140222