85 N Ridge RdRosmanNC28772
Nearby investment properties with comparable rents
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
Rental property for sale in Rosman at 85 N Ridge Rd, Rosman, NC, 28772 generates $3,548/mo in rent, after a $3,177/mo payment. Total monthly income is $3,548/mo. Return on cash invested sits at 17.77% in year one, and rental yield is 6.56% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 91.22% and total cumulative return in cash sums $194,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,548/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28772, Rosman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 511 (58.6%) |
| Renter Occupied HU | 165 (18.9%) |
| Vacant Housing Units | 196 (22.5%) |
| Median Home Value | $279,878 |
| Average Home Value | $344,359 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Joe McCoy • RE/MAX Land of the Waterfalls
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314913