421 S Pea Ridge RdMooresboroNC28114
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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 Mooresboro at 421 S Pea Ridge Rd, Mooresboro, NC, 28114 earns $530/mo cash flow from $1,505/mo rent with a $783/mo payment. Total monthly income totals $1,505/mo, and annual cash flow totals $6,360/yr on $53,040 capital. ROI tracks 31.9% on current figures, and rental yield reads 11.29% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 167.02% and total cumulative return in cash sums $88,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,505/mo property income instead of your personal income.
Single Family
Built in 1938
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28114, Mooresboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,564 (100%) |
| Owner Occupied HU | 2,378 (66.7%) |
| Renter Occupied HU | 753 (21.1%) |
| Vacant Housing Units | 433 (12.1%) |
| Median Home Value | $182,725 |
| Average Home Value | $281,274 |
Housing Distribution
Address Breakdown
Residential
3,039
Single Family
3,023
Multi-Family
16
Businesses
88
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