601 Long Melford DrRolesvilleNC27571
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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
Rental property for sale in Rolesville at 601 Long Melford Dr, Rolesville, NC, 27571 priced at $365,000 pairs $2,516/mo rent with $292/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,516/mo, and annual cash flow comes to $3,504/yr on $120,998 invested. Return on cash invested is 22.8% in year one, and rental yield stands at 8.27% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 118.23% and total cumulative return in cash reaches $143,059. For financing, Ziffy Mortgage’s DSCR program evaluates $2,516/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27571, Rolesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,358 (100%) |
| Owner Occupied HU | 2,895 (86.2%) |
| Renter Occupied HU | 335 ( 10.0%) |
| Vacant Housing Units | 128 ( 3.8%) |
| Median Home Value | $549,943 |
| Average Home Value | $583,512 |
Housing Distribution
Address Breakdown
Residential
3,311
Single Family
3,239
Multi-Family
72
Businesses
287
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Listed by: Karen Machikas • TME Premier Properties, LLC
Mls Name: Doorify MLS
Mls ID: #10123791