101 N Rockingham StCarthageNC27325
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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 Carthage at 101 N Rockingham St, Carthage, NC, 27325 earns $270/mo cash flow from $1,367/mo rent with a $881/mo payment. Total monthly income totals $1,367/mo, and annual cash flow totals $3,240/yr on $59,670 capital. ROI tracks 25.34% on current figures, and rental yield reads 9.11% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 131.83% and total cumulative return in cash sums $78,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,367/mo property income instead of your personal income.
Single Family
Built in 1943
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27325, Robbins, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,012 (100%) |
| Owner Occupied HU | 1,957 (65.0%) |
| Renter Occupied HU | 548 (18.2%) |
| Vacant Housing Units | 507 (16.8%) |
| Median Home Value | $165,042 |
| Average Home Value | $251,787 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,068
Multi-Family
0
Businesses
133
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Listed by: Linnette Reyes • Pineland Property Group
Mls Name: Triad MLS
Mls ID: #1206120