4228 Red HlWadesboroNC28170
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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 4228 Red Hl, Wadesboro, NC, 28170 listed at $275,000 pairs $2,184/mo rent with a $1,346/mo payment to leave $508/mo cash flow. Total monthly income runs $2,184/mo, and annual cash flow reaches $6,096/yr on $91,163 cash to close. Return on cash invested measures 26.6% in year one, and rental yield registers 9.53% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 138.56% and total cumulative return in cash totals $126,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,184/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1996
2.02 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: Katie Kane • Bloom Real Estate Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305348