262 Woodridge DrRutherfordtonNC28139
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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 Rutherfordton at 262 Woodridge Dr, Rutherfordton, NC, 28139 at $539,900 posts ROI 18.91% with from $3,120/mo rent. Total monthly income equals $3,120/mo. Return on cash invested measures 18.91% and rental yield reads 6.93% at the current $539,900. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 by year five. Five-year ROI prints 97.32% and total cumulative return in cash totals $172,867. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28139, Rutherfordton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 5,924 (66.2%) |
| Renter Occupied HU | 1,770 (19.8%) |
| Vacant Housing Units | 1,261 (14.1%) |
| Median Home Value | $272,538 |
| Average Home Value | $321,303 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
8,517
Multi-Family
111
Businesses
633
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Listed by: Buffy Fountain • RE/MAX Journey
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4258071