453 Eagle RidgeSapphireNC28774
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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
Total monthly income runs $3,652/mo, and a $6,162/mo payment. Purchase price stands at $1,259,000, and rental yield measures 3.48% with $3,652/mo rent. Return on cash invested shows 8.54% in year one, and 5% annual appreciation builds toward $347,838 over five years. Five-year ROI reaches 41.67% and total cumulative return in cash records $169,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,652/mo property income covering a $6,162/mo payment rather than investor’s personal income.
Single Family
Built in 1999
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28774, Sapphire, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 701 (23.3%) |
| Renter Occupied HU | 144 ( 4.8%) |
| Vacant Housing Units | 2,164 (71.9%) |
| Median Home Value | $576,754 |
| Average Home Value | $680,036 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
65
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Listed by: Faye Wurm • Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Mls Name: HCMLS
Mls ID: #1002045