6908 River Gate CtOak RidgeNC27310
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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 Oak Ridge at 6908 River Gate Ct, Oak Ridge, NC, 27310 listed at $695,000 pairs $3,910/mo rent with a $3,402/mo payment. Total monthly income runs $3,910/mo. Return on cash invested measures 18.35% in year one, and rental yield registers 6.75% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 94.31% and total cumulative return in cash totals $215,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,910/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Savannah Sliger • Local R.E. Inc.
Mls Name: Triad MLS
Mls ID: #1191745