FREEPORT Plan, River's EdgeMayodanNC27027
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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 Mayodan at FREEPORT Plan, River's Edge, Mayodan, NC, 27027 uses $92,485 cash to close to unlock $7,695/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,342/mo, and a $1,366/mo payment keeps the spread at $641/mo. Purchase price stands at $278,990, and rental yield measures 10.07% with $2,342/mo rent. Return on cash invested shows 28.23% in year one, and 5% annual appreciation builds toward $77,080 over five years. Five-year ROI reaches 147.37% and total cumulative return in cash records $136,300. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,342/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27027, Mayodan, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,198 (100%) |
| Owner Occupied HU | 1,277 (58.1%) |
| Renter Occupied HU | 717 (32.6%) |
| Vacant Housing Units | 204 ( 9.3%) |
| Median Home Value | $159,226 |
| Average Home Value | $198,747 |
Housing Distribution
Address Breakdown
Residential
1,979
Single Family
1,797
Multi-Family
182
Businesses
153
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A