106 W Henry StBelmontNC28012
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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
Rental property for sale in Belmont at 106 W Henry St, Belmont, NC, 28012 offers $1,173/mo rent that, after a $754/mo payment, leaves $234/mo cash flow. Total monthly income is $1,173/mo, and annual cash flow is $2,810/yr on $51,051 cash. Return on cash invested measures 25.41% in year one, and rental yield stands at 9.14% at a $154,000 entry. Equity gained on principal adds $994/yr while 5% annual appreciation compounds into $42,547 by year five. Five-year ROI records 132.34% and total cumulative return in cash reaches $67,562. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,173/mo property income versus a $754/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28012, Belmont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,877 (100%) |
| Owner Occupied HU | 8,907 (64.2%) |
| Renter Occupied HU | 3,733 (26.9%) |
| Vacant Housing Units | 1,237 ( 8.9%) |
| Median Home Value | $408,467 |
| Average Home Value | $469,719 |
Housing Distribution
Address Breakdown
Residential
12,873
Single Family
11,456
Multi-Family
1,417
Businesses
877
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Listed by: Jana Joy • Premier South
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4289325