7320 Ridge RdTobaccovilleNC27050
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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
Investment Highlights
Investment property for sale in Tobaccoville at 7320 Ridge Rd, Tobaccoville, NC, 27050 with 5% annual appreciation on a $111,000 basis while $841/mo rent supports operations. Total monthly income totals $841/mo and a $543/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,978/yr on $36,797 deployed, and return on cash invested reaches 25.28% in year one. Equity gained on principal adds $716/yr, and five-year appreciation sums $30,667 alongside rental yield of 9.09%. Five-year ROI measures 131.53% and total cumulative return in cash totals $48,398.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $841/mo property income versus a $543/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1939
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27050, Tobaccoville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,782 (100%) |
| Owner Occupied HU | 1,431 (80.3%) |
| Renter Occupied HU | 249 (14.0%) |
| Vacant Housing Units | 102 ( 5.7%) |
| Median Home Value | $294,939 |
| Average Home Value | $333,001 |
Housing Distribution
Address Breakdown
Residential
1,679
Single Family
1,679
Multi-Family
0
Businesses
65
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11624002