2202 Woodfield DrSophiaNC27350
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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 Sophia at 2202 Woodfield Dr, Sophia, NC, 27350 listed at $248,000 pairs $1,156/mo rent with a $1,214/mo payment. Total monthly income runs $1,156/mo. Return on cash invested measures 14.72% in year one, and rental yield registers 5.59% at a $248,000 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,518 by year five. Five-year ROI tracks 74.92% and total cumulative return in cash totals $61,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,156/mo property income relative to a $1,214/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1972
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27350, Sophia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,264 (78.0%) |
| Renter Occupied HU | 500 (17.2%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $223,946 |
| Average Home Value | $269,874 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,668
Multi-Family
62
Businesses
85
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Listed by: Teresa Daniel • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1199000