226 WHITE PLAINS RoadRoaring RiverNC28669
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing226 WHITE PLAINS Road, Roaring River, NC, 28669 in Roaring River is a stable, well-positioned rental at $349,000. Rental yield 6.55%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $96,422 in value and $3,214/yr in principal paydown builds equity, a total projected return of $117,914.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(223) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,904 |
| Total Monthly Debt Service | $1,988 |
| DSCR Ratio | 0.96x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1946
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28669, Roaring River, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 804 (65.6%) |
| Renter Occupied HU | 227 (18.5%) |
| Vacant Housing Units | 195 (15.9%) |
| Median Home Value | $170,991 |
| Average Home Value | $206,465 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1946
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28669, Roaring River, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,226 (100%) |
| Owner Occupied HU | 804 (65.6%) |
| Renter Occupied HU | 227 (18.5%) |
| Vacant Housing Units | 195 (15.9%) |
| Median Home Value | $170,991 |
| Average Home Value | $206,465 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,231
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donald Love • Carolina Realty ERA Live Moore
Mls Name: High Country AOR
Mls ID: #259719