2800 Ridgecrest Drive #A & BGoldsboroNC27534
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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 Goldsboro at 2800 Ridgecrest Drive #A & B, Goldsboro, NC, 27534 listed at $349,000 pairs $2,820/mo rent with a $1,708/mo payment to leave $693/mo cash flow. Total monthly income runs $2,820/mo, and annual cash flow reaches $8,318/yr on $115,694 cash to close. Return on cash invested measures 27.1% in year one, and rental yield registers 9.7% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 141.31% and total cumulative return in cash totals $163,488. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,820/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1957
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27534, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,830 (100%) |
| Owner Occupied HU | 7,559 (51.0%) |
| Renter Occupied HU | 5,745 (38.7%) |
| Vacant Housing Units | 1,526 (10.3%) |
| Median Home Value | $234,896 |
| Average Home Value | $255,865 |
Housing Distribution
Address Breakdown
Residential
15,246
Single Family
13,036
Multi-Family
2,210
Businesses
1,207
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Listed by: Riley Wilkins • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100546925