566 Ridge RdMarionNC28752
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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 Marion at 566 Ridge Rd, Marion, NC, 28752 at $100,000 posts ROI 53.76% with $935/mo cash flow from $1,544/mo rent. Total monthly income equals $1,544/mo, and annual cash flow records $11,220/yr on $33,150 to close. Return on cash invested measures 53.76% and rental yield reads 18.53% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 284.21% and total cumulative return in cash totals $94,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,544/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28752, Marion, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,281 (100%) |
| Owner Occupied HU | 8,731 (61.1%) |
| Renter Occupied HU | 3,542 (24.8%) |
| Vacant Housing Units | 2,008 (14.1%) |
| Median Home Value | $224,806 |
| Average Home Value | $296,949 |
Housing Distribution
Address Breakdown
Residential
12,672
Single Family
12,566
Multi-Family
106
Businesses
1,046
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Listed by: Crystal Taylor • Rhonda Silver Real Estate Group LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4260470