561 Ebenezer Church RdState RoadNC28676
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 State Road at 561 Ebenezer Church Rd, State Road, NC, 28676 uses $96,102 cash to close to unlock $2,701/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,419/mo payment keeps the spread at $225/mo. Purchase price stands at $289,900, and rental yield measures 8.25% with $1,992/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 117.85% and total cumulative return in cash records $113,253. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1960
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28676, State Road, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,248 (73.1%) |
| Renter Occupied HU | 332 (19.4%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $242,083 |
| Average Home Value | $299,643 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon Karpenko • Southern Luxe Realty
Mls Name: Triad MLS
Mls ID: #1190217