315 Westridge DrYadkinvilleNC27055
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
Rental property for sale in Yadkinville at 315 Westridge Dr, Yadkinville, NC, 27055 priced at $172,500 converts $1,349/mo rent into $298/mo cash flow after a $844/mo obligation. Total monthly income equals $1,349/mo, and annual cash flow totals $3,576/yr on $57,184 invested. Return on cash invested prints 26.16% in year one, and rental yield reads 9.38% against a $172,500 entry. Equity gained on principal adds $1,113/yr, while 5% annual appreciation compiles into $47,659 by year five. Five-year ROI reaches 136.24% and total cumulative return in cash sums $77,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,349/mo property income covering a $844/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
0.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27055, Yadkinville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,410 (100%) |
| Owner Occupied HU | 4,276 (66.7%) |
| Renter Occupied HU | 1,432 (22.3%) |
| Vacant Housing Units | 702 (11.0%) |
| Median Home Value | $211,946 |
| Average Home Value | $259,221 |
Housing Distribution
Address Breakdown
Residential
5,810
Single Family
5,690
Multi-Family
120
Businesses
498
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Listed by: Krista Sisk • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1197117