8065 Greenhorn RoadRoaring RiverNC28621
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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 Roaring River at 8065 Greenhorn Road, Roaring River, NC, 28621 listed at $225,000 pairs $1,424/mo rent with a $1,101/mo payment to leave $53/mo cash flow. Total monthly income runs $1,424/mo, and annual cash flow reaches $636/yr on $74,588 cash to close. Return on cash invested measures 20.76% in year one, and rental yield registers 7.59% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 107.27% and total cumulative return in cash totals $80,013. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,424/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28621, Elkin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,020 (100%) |
| Owner Occupied HU | 3,106 (61.9%) |
| Renter Occupied HU | 1,269 (25.3%) |
| Vacant Housing Units | 645 (12.8%) |
| Median Home Value | $202,326 |
| Average Home Value | $255,608 |
Housing Distribution
Address Breakdown
Residential
4,538
Single Family
4,277
Multi-Family
261
Businesses
593
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Listed by: Robert Poole • Keller Williams Elite
Mls Name: High Country AOR
Mls ID: #257502