2125 E Ridge RdSalisburyNC28144
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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 Salisbury at 2125 E Ridge Rd, Salisbury, NC, 28144 listed at $225,000 pairs $1,416/mo rent with a $1,101/mo payment to leave $45/mo cash flow. Total monthly income runs $1,416/mo, and annual cash flow reaches $540/yr on $74,588 cash to close. Return on cash invested measures 20.63% in year one, and rental yield registers 7.55% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 106.6% and total cumulative return in cash totals $79,509. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,416/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28144, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,134 (100%) |
| Owner Occupied HU | 6,065 (50.0%) |
| Renter Occupied HU | 4,831 (39.8%) |
| Vacant Housing Units | 1,238 (10.2%) |
| Median Home Value | $267,215 |
| Average Home Value | $297,064 |
Housing Distribution
Address Breakdown
Residential
11,029
Single Family
10,382
Multi-Family
647
Businesses
1,108
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Listed by: MJ Kotsalis • Pacifico Properties LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4275136