310 Kennon RdRuffinNC27326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 310 Kennon Rd, Ruffin, NC, 27326 earns $164/mo cash flow from $834/mo rent with a $538/mo payment. Total monthly income totals $834/mo, and annual cash flow totals $1,969/yr on $36,432 capital. ROI tracks 25.31% on current figures, and rental yield reads 9.11% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 131.83% and total cumulative return in cash sums $48,028. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $834/mo property income instead of your personal income.
Manufactured
Built in 1975
0.69 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Regina Sharpe • Sharpe Realty
Mls Name: Triad MLS
Mls ID: #1202899