303 Stoneyard Rd #3RichfieldNC28137
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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
Total monthly income runs $1,666/mo, and a $2,545/mo payment. Purchase price stands at $519,900, and rental yield measures 3.85% with $1,666/mo rent. Return on cash invested shows 9.52% in year one, and 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 46.98% and total cumulative return in cash records $80,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,666/mo property income covering a $2,545/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28137, Richfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,034 (69.9%) |
| Renter Occupied HU | 228 (15.4%) |
| Vacant Housing Units | 218 (14.7%) |
| Median Home Value | $268,820 |
| Average Home Value | $315,273 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
110
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Listed by: Bob Tierney • Wilson Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4323087