641 Riverbirch DrVassNC28394
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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 Vass at 641 Riverbirch Dr, Vass, NC, 28394 uses $102,765 cash to close to unlock $7,452/yr annual cash flow and $621/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $1,517/mo payment keeps the spread at $621/mo. Purchase price stands at $310,000, and rental yield measures 9.72% with $2,510/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 141.59% and total cumulative return in cash records $145,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: ALISA BULLARD • NIPPER PROPERTIES
Mls Name: LPRMLS
Mls ID: #750145