62 W Victoria Ridge Dr WSelmaNC27576
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 Selma at 62 W Victoria Ridge Dr W, Selma, NC, 27576 earns from $1,817/mo rent with a $2,913/mo payment. Total monthly income totals $1,817/mo. ROI tracks 8.54% on current figures, and rental yield reads 3.66% at a $595,180 purchase. Equity gained on principal adds $3,841/yr, and 5% annual appreciation supports $164,437 over five years. Five-year ROI reaches 41.89% and total cumulative return in cash sums $82,030. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,817/mo property income instead of your personal income.
Single Family
Built in 2025
0.59 Acres lot
$N/A/sqft
$69 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Klein • Fonville Morisey & Barefoot
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10114612
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.