1 N Forrest DrThomasvilleNC27360
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
Investment property for sale in Thomasville at 1 N Forrest Dr, Thomasville, NC, 27360 at $359,999 posts ROI 23.41% with $348/mo cash flow from $2,542/mo rent. Total monthly income equals $2,542/mo, and annual cash flow records $4,176/yr on $119,340 to close. Return on cash invested measures 23.41% and rental yield reads 8.47% at the current $359,999. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 121.47% and total cumulative return in cash totals $144,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,542/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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Listed by: Monica Lucks • Lucks Realty, LLC
Mls Name: Triad MLS
Mls ID: #1201502