516 Joe Cobb RdRuffinNC27326
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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 Ruffin at 516 Joe Cobb Rd, Ruffin, NC, 27326 at $149,900 posts ROI 25.56% with $234/mo cash flow from $1,148/mo rent. Total monthly income equals $1,148/mo, and annual cash flow records $2,809/yr on $49,692 to close. Return on cash invested measures 25.56% and rental yield reads 9.19% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 133.13% and total cumulative return in cash totals $66,155.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27326, Ruffin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,118 (66.2%) |
| Renter Occupied HU | 354 (20.9%) |
| Vacant Housing Units | 218 (12.9%) |
| Median Home Value | $172,165 |
| Average Home Value | $264,562 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
50
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Listed by: Jeffrey A. Bottoms • Jeff Bottoms Realty
Mls Name: Triad MLS
Mls ID: #1205678