552 Meadowridge DrTaylorsvilleNC28681
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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 Taylorsville at 552 Meadowridge Dr, Taylorsville, NC, 28681 offers a 5.85% rental yield on a $395,000 purchase with $1,927/mo rent. 51% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 79.1% and total cumulative return in cash at $103,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,927/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28681, Taylorsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,207 (100%) |
| Owner Occupied HU | 7,699 (68.7%) |
| Renter Occupied HU | 2,386 (21.3%) |
| Vacant Housing Units | 1,122 (10.0%) |
| Median Home Value | $209,146 |
| Average Home Value | $256,989 |
Housing Distribution
Address Breakdown
Residential
10,314
Single Family
10,266
Multi-Family
48
Businesses
633
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Listed by: Tabitha Goforth • EXP Realty LLC Mooresville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329040