365 N Washington StRutherfordtonNC28139
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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 Rutherfordton at 365 N Washington St, Rutherfordton, NC, 28139 with 5% annual appreciation on a $525,000 basis while $3,050/mo rent supports operations. 02% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 6.97%. Five-year ROI measures 97.9% and total cumulative return in cash totals $169,101. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,050/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28139, Rutherfordton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 5,924 (66.2%) |
| Renter Occupied HU | 1,770 (19.8%) |
| Vacant Housing Units | 1,261 (14.1%) |
| Median Home Value | $272,538 |
| Average Home Value | $321,303 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
8,517
Multi-Family
111
Businesses
633
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