675 Ridgeline RdUnion GroveNC28689
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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 Union Grove at 675 Ridgeline Rd, Union Grove, NC, 28689 earns $495/mo cash flow from $1,348/mo rent with a $685/mo payment. Total monthly income totals $1,348/mo, and annual cash flow totals $5,941/yr on $46,377 capital. ROI tracks 32.72% on current figures, and rental yield reads 11.56% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 171.53% and total cumulative return in cash sums $79,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,348/mo property income instead of your personal income.
Manufactured
Built in 1997
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28689, Union Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 567 (67.5%) |
| Renter Occupied HU | 168 (20.0%) |
| Vacant Housing Units | 105 (12.5%) |
| Median Home Value | $227,446 |
| Average Home Value | $260,604 |
Housing Distribution
Address Breakdown
Residential
795
Single Family
795
Multi-Family
0
Businesses
75
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Listed by: Joseph Kendrick • USRealty.com, LLP
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4293487