3541 Poplar Springs RdState RoadNC28676
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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 State Road at 3541 Poplar Springs Rd, State Road, NC, 28676 offers a 7.27% rental yield on a $304,900 purchase with $1,847/mo rent. 78% in year one. Equity gained on principal adds $1,967/yr while 5% annual appreciation supports $84,238 over five years. Portfolio math shows five-year ROI at 102.07% and total cumulative return in cash at $103,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,492/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28676, State Road, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,248 (73.1%) |
| Renter Occupied HU | 332 (19.4%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $242,083 |
| Average Home Value | $299,643 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
74
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Listed by: Magnolia Chavez de Moya • Magnolia Tree Realty
Mls Name: Triad MLS
Mls ID: #1201321