903 Us Highway 21State RoadNC28676
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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 State Road at 903 Us Highway 21, State Road, NC, 28676 generates $922/mo in rent and, after a $587/mo payment, leaves $191/mo in cash flow. Total monthly income is $922/mo, and annual cash flow is $2,292/yr on $39,780 invested. Return on cash invested sits at 25.67% in year one, and rental yield is 9.22% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 133.59% and total cumulative return in cash sums $53,143. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $922/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28676, State Road, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,248 (73.1%) |
| Renter Occupied HU | 332 (19.4%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $242,083 |
| Average Home Value | $299,643 |
Housing Distribution
Address Breakdown
Residential
1,505
Single Family
1,505
Multi-Family
0
Businesses
74
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Listed by: Furman G. Burt • Realty Executives W/S
Mls Name: Triad MLS
Mls ID: #1207409