226 WHITE PLAINS RoadRoaring RiverNC28669
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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 Roaring River at 226 WHITE PLAINS Road, Roaring River, NC, 28669 at $349,000 posts ROI 17.6% with from $1,904/mo rent. Total monthly income equals $1,904/mo. Return on cash invested measures 17.6% and rental yield reads 6.55% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 90.36% and total cumulative return in cash totals $104,544. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,904/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
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Listed by: Donald Love • Carolina Realty ERA Live Moore
Mls Name: High Country AOR
Mls ID: #259719