2103 Dock Ridge DrStokesdaleNC27357
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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
Rental property for sale in Stokesdale at 2103 Dock Ridge Dr, Stokesdale, NC, 27357 offers $2,972/mo rent that, after a $2,459/mo payment. Total monthly income is $2,972/mo. Return on cash invested measures 19.22% in year one, and rental yield stands at 7.1% at a $502,303 entry. Equity gained on principal adds $3,241/yr while 5% annual appreciation compounds into $138,777 by year five. Five-year ROI records 99.07% and total cumulative return in cash reaches $163,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,972/mo property income versus a $2,459/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.76 Acres lot
$N/A/sqft
$305 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
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Listed by: Christopher Beatty • H & H Homes Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1174087
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