449 Meadow Ridge DriveJeffersonNC28640
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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 Jefferson at 449 Meadow Ridge Drive, Jefferson, NC, 28640 with 5% annual appreciation on a $549,000 basis while $4,025/mo rent supports operations. Total monthly income totals $4,025/mo and a $2,687/mo payment preserves $679/mo for cash returns. Annual cash flow comes to $8,150/yr on $180,621 deployed, and return on cash invested reaches 24.57% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 8.8%. Five-year ROI measures 127.72% and total cumulative return in cash totals $230,684.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,025/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28640, Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 1,466 (52.5%) |
| Renter Occupied HU | 628 (22.5%) |
| Vacant Housing Units | 701 (25.1%) |
| Median Home Value | $288,000 |
| Average Home Value | $335,638 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,052
Multi-Family
153
Businesses
262
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Listed by: Catherine Mikkola • Mt.Jefferson Real Estate
Mls Name: High Country AOR
Mls ID: #257957