390 River Shoals Ridge DrTaylorsvilleNC28681
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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 Taylorsville at 390 River Shoals Ridge Dr, Taylorsville, NC, 28681 earns $634/mo cash flow from $1,974/mo rent with a $1,076/mo payment. Total monthly income totals $1,974/mo, and annual cash flow totals $7,609/yr on $72,897 capital. ROI tracks 30.35% on current figures, and rental yield reads 10.77% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 158.76% and total cumulative return in cash sums $115,732. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,974/mo property income instead of your personal income.
Manufactured
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Elizabeth Mitchell • Fathom Realty NC LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319372