7228 Us Highway 311SophiaNC27350
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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 Sophia at 7228 Us Highway 311, Sophia, NC, 27350 uses $74,223 cash to close to unlock $5,812/yr annual cash flow and $484/mo monthly cash flow. Total monthly income runs $1,849/mo, and a $1,096/mo payment keeps the spread at $484/mo. Purchase price stands at $223,900, and rental yield measures 9.91% with $1,849/mo rent. Return on cash invested shows 27.74% in year one, and 5% annual appreciation builds toward $61,859 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash records $107,448. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,849/mo property income covering a $1,096/mo payment rather than investor’s personal income.
Single Family
Built in 1951
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27350, Sophia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,264 (78.0%) |
| Renter Occupied HU | 500 (17.2%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $223,946 |
| Average Home Value | $269,874 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,668
Multi-Family
62
Businesses
85
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