2615 High Ridge Church Rd #2MarshvilleNC28103
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
Investment Highlights
Investment property for sale in Marshville at 2615 High Ridge Church Rd #2, Marshville, NC, 28103 earns from $2,400/mo rent with a $1,958/mo payment. Total monthly income totals $2,400/mo. ROI tracks 19.57% on current figures, and rental yield reads 7.2% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 100.86% and total cumulative return in cash sums $133,744. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1993
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28103, Marshville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,452 (100%) |
| Owner Occupied HU | 3,199 (71.9%) |
| Renter Occupied HU | 953 (21.4%) |
| Vacant Housing Units | 300 ( 6.7%) |
| Median Home Value | $334,148 |
| Average Home Value | $399,658 |
Housing Distribution
Address Breakdown
Residential
4,035
Single Family
4,035
Multi-Family
0
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Finigan • EXP Realty LLC Ballantyne
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4287826