638 Falcon Ridge DrMoravian FallsNC28654
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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
Investment property for sale in Moravian Falls at 638 Falcon Ridge Dr, Moravian Falls, NC, 28654 earns from $1,440/mo rent with a $3,666/mo payment. Total monthly income totals $1,440/mo. ROI tracks 4.84% on current figures, and rental yield reads 2.31% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Five-year ROI reaches 21.91% and total cumulative return in cash sums $53,980. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2025
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28654, Moravian Falls, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,099 (66.8%) |
| Renter Occupied HU | 332 (20.2%) |
| Vacant Housing Units | 214 (13.0%) |
| Median Home Value | $305,870 |
| Average Home Value | $317,862 |
Housing Distribution
Address Breakdown
Residential
1,498
Single Family
1,498
Multi-Family
0
Businesses
74
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Listed by: Mike Martinez • North Carolina Mountain Investments, LLC
Mls Name: Triad MLS
Mls ID: #1202382