307-7 Blue Ridge Dr SMarionNC28752
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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 Marion at 307-7 Blue Ridge Dr S, Marion, NC, 28752 listed at $270,000 pairs $2,490/mo rent with a $1,322/mo payment to leave $844/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $10,128/yr on $89,505 cash to close. Return on cash invested measures 31.22% in year one, and rental yield registers 11.07% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 163.38% and total cumulative return in cash totals $146,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2000
0.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Everett Roach • Keller Williams - Black Mtn.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298364