10675 State Highway 89 WWestfieldNC27053
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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 Westfield at 10675 State Highway 89 W, Westfield, NC, 27053 earns $222/mo cash flow from $953/mo rent with a $587/mo payment. Total monthly income totals $953/mo, and annual cash flow totals $2,664/yr on $39,780 capital. ROI tracks 26.61% on current figures, and rental yield reads 9.53% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 138.63% and total cumulative return in cash sums $55,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $953/mo property income instead of your personal income.
Single Family
Built in 1931
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27053, Westfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,561 (100%) |
| Owner Occupied HU | 1,044 (66.9%) |
| Renter Occupied HU | 209 (13.4%) |
| Vacant Housing Units | 308 (19.7%) |
| Median Home Value | $222,750 |
| Average Home Value | $260,208 |
Housing Distribution
Address Breakdown
Residential
1,393
Single Family
1,393
Multi-Family
0
Businesses
39
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Listed by: Charles Robillard • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1202371