10087 State Highway 39MiddlesexNC27557
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
Rental property for sale in Middlesex at 10087 State Highway 39, Middlesex, NC, 27557 generates $1,739/mo in rent and, after a $1,219/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,739/mo, and annual cash flow is $2,654/yr on $82,544 invested. Return on cash invested sits at 23.12% in year one, and rental yield is 8.38% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 120.02% and total cumulative return in cash sums $99,068. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,739/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27557, Middlesex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,583 (66.9%) |
| Renter Occupied HU | 899 (23.3%) |
| Vacant Housing Units | 379 ( 9.8%) |
| Median Home Value | $220,885 |
| Average Home Value | $248,348 |
Housing Distribution
Address Breakdown
Residential
3,559
Single Family
3,534
Multi-Family
25
Businesses
103
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Listed by: Tona Whitley • Whitley Realty
Mls Name: Doorify MLS
Mls ID: #10109734