67 Earwood Ridge RdFairviewNC28730
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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 Fairview at 67 Earwood Ridge Rd, Fairview, NC, 28730 priced at $249,900 pairs $2,468/mo rent with $945/mo cash flow after a $1,223/mo payment. Total monthly income equals $2,468/mo, and annual cash flow comes to $11,341/yr on $82,842 invested. Return on cash invested is 33.6% in year one, and rental yield stands at 11.85% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 176.17% and total cumulative return in cash reaches $145,946. For financing, Ziffy Mortgage’s DSCR program evaluates $2,468/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2001
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28730, Fairview, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,747 (100%) |
| Owner Occupied HU | 3,312 (69.8%) |
| Renter Occupied HU | 852 (17.9%) |
| Vacant Housing Units | 583 (12.3%) |
| Median Home Value | $541,967 |
| Average Home Value | $599,155 |
Housing Distribution
Address Breakdown
Residential
4,297
Single Family
4,297
Multi-Family
0
Businesses
273
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Listed by: Bob Sinners • Berkshire Hathaway HomeServices Lifestyle Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4338691