55 Harris Ridge RdCandlerNC28715
Nearby investment properties with comparable rents
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 Candler at 55 Harris Ridge Rd, Candler, NC, 28715 at $245,000 posts ROI 22.05% with $145/mo cash flow from $1,638/mo rent. Total monthly income equals $1,638/mo, and annual cash flow records $1,740/yr on $81,218 to close. Return on cash invested measures 22.05% and rental yield reads 8.02% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 114.2% and total cumulative return in cash totals $92,748.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,638/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2016
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Nearby investment properties with comparable prices
Listed by: Chris Page • WNC Real Estate Partners
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322389