293 Nicholson RdRockinghamNC28379
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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 Rockingham at 293 Nicholson Rd, Rockingham, NC, 28379 at $449,000 posts ROI 8.69% with from $1,345/mo rent. Total monthly income equals $1,345/mo. Return on cash invested measures 8.69% and rental yield reads 3.59% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 42.56% and total cumulative return in cash totals $63,352. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,345/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
8.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28379, Rockingham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,302 (100%) |
| Owner Occupied HU | 6,220 (55.0%) |
| Renter Occupied HU | 3,756 (33.2%) |
| Vacant Housing Units | 1,326 (11.7%) |
| Median Home Value | $158,183 |
| Average Home Value | $192,771 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,274
Multi-Family
493
Businesses
733
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Listed by: Paul Mattera • Mattera Realty, Inc.
Mls Name: Doorify MLS
Mls ID: #10138694