8304 Renee Ford RdStanfieldNC28163
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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
Rental property for sale in Stanfield at 8304 Renee Ford Rd, Stanfield, NC, 28163 generates $2,350/mo in rent, after a $3,304/mo payment. Total monthly income is $2,350/mo. Return on cash invested sits at 10.53% in year one, and rental yield is 4.18% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 52.37% and total cumulative return in cash sums $116,295. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,350/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28163, Stanfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,365 (100%) |
| Owner Occupied HU | 1,844 (78.0%) |
| Renter Occupied HU | 411 (17.4%) |
| Vacant Housing Units | 110 ( 4.7%) |
| Median Home Value | $344,508 |
| Average Home Value | $370,395 |
Housing Distribution
Address Breakdown
Residential
2,235
Single Family
2,235
Multi-Family
0
Businesses
67
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Listed by: Lisa Pricher • NorthGroup Real Estate LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281370