2082 Cabinet Shop RdRowlandNC28383
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 Rowland at 2082 Cabinet Shop Rd, Rowland, NC, 28383 at $185,000 posts ROI 24.25% with $222/mo cash flow from $1,349/mo rent. Total monthly income equals $1,349/mo, and annual cash flow records $2,664/yr on $61,328 to close. Return on cash invested measures 24.25% and rental yield reads 8.75% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 126% and total cumulative return in cash totals $77,271.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,349/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2006
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28383, Rowland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 2,060 (69.9%) |
| Renter Occupied HU | 589 (20.0%) |
| Vacant Housing Units | 296 (10.1%) |
| Median Home Value | $89,344 |
| Average Home Value | $137,808 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
119
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Nearby investment properties with comparable prices
Listed by: Richard Fleming • Fonville Morisey/Triangle East
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10051649
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