330 Quail Ridge RdSummerfieldNC27358
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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
Rental property for sale in Summerfield at 330 Quail Ridge Rd, Summerfield, NC, 27358 offers $2,099/mo rent that, after a $1,052/mo payment, leaves $789/mo cash flow. Total monthly income is $2,099/mo, and annual cash flow is $9,468/yr on $71,273 cash. Return on cash invested measures 33.19% in year one, and rental yield stands at 11.72% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 173.94% and total cumulative return in cash reaches $123,973. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,099/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
4.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: Phillip Stone • A New Dawn Realty, Inc
Mls Name: Triad MLS
Mls ID: #1194436