6908 River Gate CtOak RidgeNC27310
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 6908 River Gate Ct, Oak Ridge, NC, 27310 in Oak Ridge at $695,000. Rental yield 6.75%. The 6.75% yield and 1.25 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $192,016 by year five, and $6,401/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $242,284.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(326) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,910 |
| Total Monthly Debt Service | $3,959 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2015
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27310, Oak Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,439 (100%) |
| Owner Occupied HU | 2,948 (85.7%) |
| Renter Occupied HU | 385 (11.2%) |
| Vacant Housing Units | 106 ( 3.1%) |
| Median Home Value | $519,780 |
| Average Home Value | $545,382 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,182
Multi-Family
0
Businesses
270
Nearby investment properties with comparable rents
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
Single Family
Built in 2015
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27310, Oak Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,439 (100%) |
| Owner Occupied HU | 2,948 (85.7%) |
| Renter Occupied HU | 385 (11.2%) |
| Vacant Housing Units | 106 ( 3.1%) |
| Median Home Value | $519,780 |
| Average Home Value | $545,382 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
3,182
Multi-Family
0
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Savannah Sliger • Local R.E. Inc.
Mls Name: Triad MLS
Mls ID: #1191745