10 Braxton LnThomasvilleNC27360
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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 Thomasville at 10 Braxton Ln, Thomasville, NC, 27360 offers a 8.39% rental yield on a $279,900 purchase with $1,957/mo rent. Total monthly income registers $1,957/mo, and a $1,370/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,013/yr on $92,787 to close, and return on cash invested stands at 23.16% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 120.17% and total cumulative return in cash at $111,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,957/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.39 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: Robbin Smith • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls ID: #1188420