210 Ruth StRockwellNC28138
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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
Investment property for sale in Rockwell at 210 Ruth St, Rockwell, NC, 28138 with 5% annual appreciation on a $324,900 basis while $2,180/mo rent supports operations. Total monthly income totals $2,180/mo and a $1,590/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,401/yr on $107,704 deployed, and return on cash invested reaches 22.14% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 8.05%. Five-year ROI measures 114.71% and total cumulative return in cash totals $123,545.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,180/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28138, Rockwell, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,580 (100%) |
| Owner Occupied HU | 3,362 (73.4%) |
| Renter Occupied HU | 927 (20.2%) |
| Vacant Housing Units | 291 ( 6.4%) |
| Median Home Value | $274,062 |
| Average Home Value | $317,255 |
Housing Distribution
Address Breakdown
Residential
4,345
Single Family
4,345
Multi-Family
0
Businesses
233
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Listed by: Angela Gower • Fresh Beginnings Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4287018