4007 Oak Ridge RdSummerfieldNC27358
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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 Summerfield at 4007 Oak Ridge Rd, Summerfield, NC, 27358 earns from $1,805/mo rent with a $2,398/mo payment. Total monthly income totals $1,805/mo. ROI tracks 11.18% on current figures, and rental yield reads 4.42% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 55.95% and total cumulative return in cash sums $90,857. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,805/mo property income instead of your personal income.
Single Family
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27358, Summerfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 5,164 (85.2%) |
| Renter Occupied HU | 612 (10.1%) |
| Vacant Housing Units | 282 ( 4.7%) |
| Median Home Value | $475,086 |
| Average Home Value | $526,725 |
Housing Distribution
Address Breakdown
Residential
5,848
Single Family
5,786
Multi-Family
62
Businesses
326
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Listed by: Matthew Millaway • eXp Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1167943
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