334 Bridge RdEllenboroNC28040
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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 Ellenboro at 334 Bridge Rd, Ellenboro, NC, 28040 with 5% annual appreciation on a $449,000 basis while $2,362/mo rent supports operations. 89% in year one. Equity gained on principal adds $2,897/yr, and five-year appreciation sums $124,050 alongside rental yield of 6.31%. Five-year ROI measures 86.53% and total cumulative return in cash totals $128,800. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,362/mo property income versus a $2,198/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28040, Ellenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,283 (64.1%) |
| Renter Occupied HU | 792 (22.3%) |
| Vacant Housing Units | 484 (13.6%) |
| Median Home Value | $198,300 |
| Average Home Value | $258,437 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
95
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Listed by: Sonja Smith • Odean Keever & Associates, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316492