103 S Stewart StRockinghamNC28379
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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 Rockingham at 103 S Stewart St, Rockingham, NC, 28379 priced at $150,000 pairs $2,207/mo rent with $1,293/mo cash flow after a $734/mo payment. Total monthly income equals $2,207/mo, and annual cash flow comes to $15,516/yr on $49,725 invested. Return on cash invested is 51.11% in year one, and rental yield stands at 17.66% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 270.03% and total cumulative return in cash reaches $134,274. For financing, Ziffy Mortgage’s DSCR program evaluates $2,207/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28379, Rockingham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,302 (100%) |
| Owner Occupied HU | 6,220 (55.0%) |
| Renter Occupied HU | 3,756 (33.2%) |
| Vacant Housing Units | 1,326 (11.7%) |
| Median Home Value | $158,183 |
| Average Home Value | $192,771 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,274
Multi-Family
493
Businesses
733
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Listed by: Lauren Dayton • Helen Adams Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4278152