5260 Rifle Range RdConoverNC28613
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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 Conover at 5260 Rifle Range Rd, Conover, NC, 28613 earns from $2,260/mo rent with a $1,860/mo payment. Total monthly income totals $2,260/mo. ROI tracks 19.38% on current figures, and rental yield reads 7.14% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 99.84% and total cumulative return in cash sums $125,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,260/mo property income instead of your personal income.
Single Family
Built in 1970
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28613, Conover, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,222 (100%) |
| Owner Occupied HU | 7,137 (69.8%) |
| Renter Occupied HU | 2,329 (22.8%) |
| Vacant Housing Units | 756 ( 7.4%) |
| Median Home Value | $275,410 |
| Average Home Value | $338,511 |
Housing Distribution
Address Breakdown
Residential
9,624
Single Family
9,298
Multi-Family
326
Businesses
787
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Listed by: Lisa J Smith • Smith Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317637