526 River RdRutherfordtonNC28139
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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
Rental property for sale in Rutherfordton at 526 River Rd, Rutherfordton, NC, 28139 priced at $585,000 pairs $1,333/mo rent with after a $2,863/mo payment. Total monthly income equals $1,333/mo. Return on cash invested is 6.14% in year one, and rental yield stands at 2.73% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 28.86% and total cumulative return in cash reaches $55,554. For financing, Ziffy Mortgage’s DSCR program evaluates $1,333/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
9.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28139, Rutherfordton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,955 (100%) |
| Owner Occupied HU | 5,924 (66.2%) |
| Renter Occupied HU | 1,770 (19.8%) |
| Vacant Housing Units | 1,261 (14.1%) |
| Median Home Value | $272,538 |
| Average Home Value | $321,303 |
Housing Distribution
Address Breakdown
Residential
8,628
Single Family
8,517
Multi-Family
111
Businesses
633
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Listed by: Courtney Houser • Steele Mountain Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4330854