3059 Quick RdRuffinNC27326
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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 Ruffin at 3059 Quick Rd, Ruffin, NC, 27326 uses $49,725 cash to close to unlock $4,608/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,298/mo, and a $734/mo payment keeps the spread at $384/mo. Purchase price stands at $150,000, and rental yield measures 10.38% with $1,298/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 152.36% and total cumulative return in cash records $75,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,298/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27326, Ruffin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,118 (66.2%) |
| Renter Occupied HU | 354 (20.9%) |
| Vacant Housing Units | 218 (12.9%) |
| Median Home Value | $172,165 |
| Average Home Value | $264,562 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
50
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Listed by: Matt Ingram • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1188721