1035 Asheboro StHigh PointNC27260
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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 High Point at 1035 Asheboro St, High Point, NC, 27260 listed at $197,500 pairs $1,458/mo rent with a $967/mo payment to leave $254/mo cash flow. Total monthly income runs $1,458/mo, and annual cash flow reaches $3,048/yr on $65,471 cash to close. Return on cash invested measures 24.56% in year one, and rental yield registers 8.86% at a $197,500 basis. Equity gained on principal adds $1,274/yr, and annual property appreciation at 5% supports $54,566 by year five. Five-year ROI tracks 127.68% and total cumulative return in cash totals $83,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,458/mo property income relative to a $967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1939
6,346 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
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