6525 Elk Creek Darby RoadFergusonNC28624
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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 Ferguson at 6525 Elk Creek Darby Road, Ferguson, NC, 28624 earns $274/mo cash flow from $1,180/mo rent with a $728/mo payment. Total monthly income totals $1,180/mo, and annual cash flow totals $3,283/yr on $49,294 capital. ROI tracks 26.57% on current figures, and rental yield reads 9.52% at a $148,700 purchase. Equity gained on principal adds $960/yr, and 5% annual appreciation supports $41,083 over five years. Five-year ROI reaches 138.45% and total cumulative return in cash sums $68,250. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,180/mo property income instead of your personal income.
Manufactured
Built in 1997
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28624, Ferguson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 601 (65.5%) |
| Renter Occupied HU | 123 (13.4%) |
| Vacant Housing Units | 194 (21.1%) |
| Median Home Value | $179,167 |
| Average Home Value | $238,864 |
Housing Distribution
Address Breakdown
Residential
754
Single Family
754
Multi-Family
0
Businesses
23
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Listed by: David Bridgers • Mountain Property Brokerage, I
Mls Name: High Country AOR
Mls ID: #257179