394 E Goldmine RdWadesboroNC28170
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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 Wadesboro at 394 E Goldmine Rd, Wadesboro, NC, 28170 earns $291/mo cash flow from $3,485/mo rent with a $2,565/mo payment. Total monthly income totals $3,485/mo, and annual cash flow totals $3,494/yr on $172,396 capital. ROI tracks 22.09% on current figures, and rental yield reads 7.98% at a $524,000 purchase. Equity gained on principal adds $3,381/yr, and 5% annual appreciation supports $144,772 over five years. Five-year ROI reaches 114.38% and total cumulative return in cash sums $197,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,485/mo property income instead of your personal income.
Single Family
Built in 1986
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28170, Wadesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,014 (100%) |
| Owner Occupied HU | 2,799 (55.8%) |
| Renter Occupied HU | 1,545 (30.8%) |
| Vacant Housing Units | 670 (13.4%) |
| Median Home Value | $115,666 |
| Average Home Value | $156,860 |
Housing Distribution
Address Breakdown
Residential
4,543
Single Family
4,518
Multi-Family
25
Businesses
559
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Listed by: Sommer Belk • Howard Hanna Allen Tate Southland Homes + Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332562