302 Weaver Ridge RdRougemontNC27572
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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
Rental property for sale in Rougemont at 302 Weaver Ridge Rd, Rougemont, NC, 27572 priced at $375,000 pairs $2,591/mo rent with $306/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,591/mo, and annual cash flow comes to $3,672/yr on $124,313 invested. Return on cash invested is 22.86% in year one, and rental yield stands at 8.29% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 118.55% and total cumulative return in cash reaches $147,375. For financing, Ziffy Mortgage’s DSCR program evaluates $2,591/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27572, Rougemont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,326 (81.4%) |
| Renter Occupied HU | 379 (13.3%) |
| Vacant Housing Units | 152 ( 5.3%) |
| Median Home Value | $366,377 |
| Average Home Value | $425,469 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,993
Multi-Family
0
Businesses
89
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Listed by: Jeanette Hussey • West & Woodall Real Estate - D
Mls Name: Doorify MLS
Mls ID: #10138779