44063 Caudle RdRichfieldNC28137
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Nearby investment properties with comparable prices
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 Richfield at 44063 Caudle Rd, Richfield, NC, 28137 offers a 9.26% rental yield on a $159,900 purchase with $1,234/mo rent. Total monthly income registers $1,234/mo, and a $783/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,109/yr on $53,007 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 134.26% and total cumulative return in cash at $71,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,234/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28137, Richfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,480 (100%) |
| Owner Occupied HU | 1,034 (69.9%) |
| Renter Occupied HU | 228 (15.4%) |
| Vacant Housing Units | 218 (14.7%) |
| Median Home Value | $268,820 |
| Average Home Value | $315,273 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
110
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Listed by: Garry West • Four Seasons Realty Albemarle
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330923