362 Rush Branch RoadSugar GroveNC28679
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 Sugar Grove at 362 Rush Branch Road, Sugar Grove, NC, 28679 offers a 9.93% rental yield on a $225,000 purchase with $1,862/mo rent. Total monthly income registers $1,862/mo, and a $1,101/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,892/yr on $74,588 to close, and return on cash invested stands at 27.81% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 145.07% and total cumulative return in cash at $108,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,862/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28679, Sugar Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,107 (100%) |
| Owner Occupied HU | 654 (59.1%) |
| Renter Occupied HU | 167 (15.1%) |
| Vacant Housing Units | 286 (25.8%) |
| Median Home Value | $349,068 |
| Average Home Value | $389,266 |
Housing Distribution
Address Breakdown
Residential
932
Single Family
932
Multi-Family
0
Businesses
45
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Listed by: Dusty Washburn • Howard Hanna Allen Tate Real Estate Blowing Rock
Mls Name: High Country AOR
Mls ID: #257657