7601 Crossing Ridge DrBelews CreekNC27009
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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
Total monthly income runs $5,834/mo, and a $8,805/mo payment. Purchase price stands at $1,799,000, and rental yield measures 3.89% with $5,834/mo rent. Return on cash invested shows 9.81% in year one, and 5% annual appreciation builds toward $497,031 over five years. Five-year ROI reaches 48.46% and total cumulative return in cash records $282,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,834/mo property income covering a $8,805/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27009, Belews Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 1,180 (82.9%) |
| Renter Occupied HU | 141 ( 9.9%) |
| Vacant Housing Units | 103 ( 7.2%) |
| Median Home Value | $315,854 |
| Average Home Value | $376,814 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
37
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Listed by: Nicole Gillespie • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1204639