105 School StThomasvilleNC27360
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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 Thomasville at 105 School St, Thomasville, NC, 27360 with 5% annual appreciation on a $225,000 basis while $2,123/mo rent supports operations. Total monthly income totals $2,123/mo and a $1,101/mo payment preserves $752/mo for cash returns. Annual cash flow comes to $9,024/yr on $74,588 deployed, and return on cash invested reaches 32.01% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 11.32%. Five-year ROI measures 167.57% and total cumulative return in cash totals $124,989.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,123/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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Listed by: McCullough C. Woodward • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1191523