335 Richfield RdRichfieldNC28137
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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 Richfield at 335 Richfield Rd, Richfield, NC, 28137 listed at $205,000 pairs $1,454/mo rent with a $1,003/mo payment to leave $205/mo cash flow. Total monthly income runs $1,454/mo, and annual cash flow reaches $2,460/yr on $67,958 cash to close. Return on cash invested measures 23.53% in year one, and rental yield registers 8.51% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 122.11% and total cumulative return in cash totals $82,986. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,454/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28137, Richfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,034 (69.9%) |
| Renter Occupied HU | 228 (15.4%) |
| Vacant Housing Units | 218 (14.7%) |
| Median Home Value | $268,820 |
| Average Home Value | $315,273 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
110
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Listed by: Toni Benton • Lantern Realty & Development, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315080