623 Estes RdRuffinNC27326
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
Rental property for sale in Ruffin at 623 Estes Rd, Ruffin, NC, 27326 generates $1,380/mo in rent, after a $2,153/mo payment. Total monthly income is $1,380/mo. Return on cash invested sits at 9.2% in year one, and rental yield is 3.76% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 45.34% and total cumulative return in cash sums $66,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
20.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27326, Ruffin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,118 (66.2%) |
| Renter Occupied HU | 354 (20.9%) |
| Vacant Housing Units | 218 (12.9%) |
| Median Home Value | $172,165 |
| Average Home Value | $264,562 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa S. Knowles • CENTURY 21 THE KNOWLES TEAM
Mls Name: Triad MLS
Mls ID: #1195776