324 Rocky Ridge LaneGlade ValleyNC28627
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 Glade Valley at 324 Rocky Ridge Lane, Glade Valley, NC, 28627 listed at $1,417,000 pairs $2,102/mo rent with a $6,936/mo payment. Total monthly income runs $2,102/mo. Return on cash invested measures 3.29% in year one, and rental yield registers 1.78% at a $1,417,000 basis. Equity gained on principal adds $9,144/yr, and annual property appreciation at 5% supports $391,491 by year five. Five-year ROI tracks 13.5% and total cumulative return in cash totals $61,997. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,102/mo property income relative to a $6,936/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28627, Glade Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,626 (100%) |
| Owner Occupied HU | 620 (38.1%) |
| Renter Occupied HU | 129 ( 7.9%) |
| Vacant Housing Units | 877 (53.9%) |
| Median Home Value | $246,491 |
| Average Home Value | $411,948 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
706
Multi-Family
0
Businesses
15
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Listed by: VICKIE BARTLETT • Miles Realty
Mls Name: High Country AOR
Mls ID: #258758