224 Riverside DrMcAdenvilleNC28101
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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 McAdenville at 224 Riverside Dr, McAdenville, NC, 28101 earns from $3,900/mo rent with a $3,181/mo payment. Total monthly income totals $3,900/mo. ROI tracks 19.72% on current figures, and rental yield reads 7.2% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 101.65% and total cumulative return in cash sums $217,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,900/mo property income instead of your personal income.
Single Family
Built in 1995
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28101, Mc Adenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 192 (100%) |
| Owner Occupied HU | 143 (74.5%) |
| Renter Occupied HU | 33 (17.2%) |
| Vacant Housing Units | 16 ( 8.3%) |
| Median Home Value | $365,698 |
| Average Home Value | $383,531 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
60
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Listed by: N/A • N/A
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