6803 High Rock RdEflandNC27243
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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 Efland at 6803 High Rock Rd, Efland, NC, 27243 earns $190/mo cash flow from $1,927/mo rent with a $1,395/mo payment. Total monthly income totals $1,927/mo, and annual cash flow totals $2,280/yr on $94,478 capital. ROI tracks 22.32% on current figures, and rental yield reads 8.11% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 115.63% and total cumulative return in cash sums $109,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,927/mo property income instead of your personal income.
Single Family
Built in 1960
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27243, Efland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,037 (100%) |
| Owner Occupied HU | 1,609 (79.0%) |
| Renter Occupied HU | 292 (14.3%) |
| Vacant Housing Units | 136 ( 6.7%) |
| Median Home Value | $331,623 |
| Average Home Value | $413,126 |
Housing Distribution
Address Breakdown
Residential
1,885
Single Family
1,885
Multi-Family
0
Businesses
88
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Listed by: Angela Morrow Smith • XM Realty LLC
Mls Name: Doorify MLS
Mls ID: #10132115