880 Perkinson RdRuffinNC27326
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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 Ruffin at 880 Perkinson Rd, Ruffin, NC, 27326 offers $1,380/mo rent that, after a $1,419/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 15.08% in year one, and rental yield stands at 5.71% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 76.85% and total cumulative return in cash reaches $73,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27326, Ruffin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,118 (66.2%) |
| Renter Occupied HU | 354 (20.9%) |
| Vacant Housing Units | 218 (12.9%) |
| Median Home Value | $172,165 |
| Average Home Value | $264,562 |
Housing Distribution
Address Breakdown
Residential
1,759
Single Family
1,759
Multi-Family
0
Businesses
50
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Listed by: Teresa S. Knowles • CENTURY 21 THE KNOWLES TEAM
Mls Name: Triad MLS
Mls ID: #1203073