5859 Laurel Ridge DrSnow CampNC27349
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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
Rental property for sale in Snow Camp at 5859 Laurel Ridge Dr, Snow Camp, NC, 27349 generates $2,675/mo in rent, after a $2,359/mo payment. Total monthly income is $2,675/mo. Return on cash invested sits at 17.94% in year one, and rental yield is 6.66% on a $482,000 entry. Equity gained on principal adds $3,110/yr, while 5% annual appreciation builds toward $133,168 over five years. Five-year ROI reaches 92.16% and total cumulative return in cash sums $147,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,675/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27349, Snow Camp, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,021 (100%) |
| Owner Occupied HU | 2,366 (78.3%) |
| Renter Occupied HU | 375 (12.4%) |
| Vacant Housing Units | 280 ( 9.3%) |
| Median Home Value | $301,613 |
| Average Home Value | $338,690 |
Housing Distribution
Address Breakdown
Residential
2,723
Single Family
2,717
Multi-Family
6
Businesses
72
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Listed by: Tory F Apple • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10117947
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.