5907 Billet RdOak RidgeNC27310
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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 Oak Ridge at 5907 Billet Rd, Oak Ridge, NC, 27310 generates $3,948/mo in rent, after a $3,402/mo payment. Total monthly income is $3,948/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 6.82% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 95.38% and total cumulative return in cash sums $218,082. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,948/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27310, Oak Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,439 (100%) |
| Owner Occupied HU | 2,948 (85.7%) |
| Renter Occupied HU | 385 (11.2%) |
| Vacant Housing Units | 106 ( 3.1%) |
| Median Home Value | $519,780 |
| Average Home Value | $545,382 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,182
Multi-Family
0
Businesses
270
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Listed by: Ramilya Siegel • KELLER WILLIAMS REALTY
Mls Name: Triad MLS
Mls ID: #1193146