371 Airport RoadRockinghamNC28379
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 Rockingham at 371 Airport Road, Rockingham, NC, 28379 at $169,900 posts ROI 24.19% with $201/mo cash flow from $1,237/mo rent. Total monthly income equals $1,237/mo, and annual cash flow records $2,413/yr on $56,322 to close. Return on cash invested measures 24.19% and rental yield reads 8.74% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 125.75% and total cumulative return in cash totals $70,826.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,237/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28379, Rockingham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,302 (100%) |
| Owner Occupied HU | 6,220 (55.0%) |
| Renter Occupied HU | 3,756 (33.2%) |
| Vacant Housing Units | 1,326 (11.7%) |
| Median Home Value | $158,183 |
| Average Home Value | $192,771 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,274
Multi-Family
493
Businesses
733
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Listed by: Michelle Swinnie • Premier Real Estate of the Sandhills LLC
Mls Name: Hive MLS
Mls ID: #100542846