1004 E Mulberry StreetGoldsboroNC27530
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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 Goldsboro at 1004 E Mulberry Street, Goldsboro, NC, 27530 earns $250/mo cash flow from $1,280/mo rent with a $827/mo payment. Total monthly income totals $1,280/mo, and annual cash flow totals $3,002/yr on $56,024 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.09% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 131.53% and total cumulative return in cash sums $73,687. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,280/mo property income instead of your personal income.
Single Family
Built in 1931
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27530, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,304 (100%) |
| Owner Occupied HU | 8,691 (50.2%) |
| Renter Occupied HU | 6,048 (35.0%) |
| Vacant Housing Units | 2,565 (14.8%) |
| Median Home Value | $225,861 |
| Average Home Value | $238,658 |
Housing Distribution
Address Breakdown
Residential
16,322
Single Family
16,165
Multi-Family
157
Businesses
1,241
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Listed by: Riley Wilkins • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100551267