107 Montford StreetAberdeenNC28315
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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 Aberdeen at 107 Montford Street, Aberdeen, NC, 28315 offers a 8.92% rental yield on a $284,999 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $1,395/mo payment leaves $381/mo available for distribution. Annual cash flow reaches $4,572/yr on $94,477 to close, and return on cash invested stands at 24.75% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 128.65% and total cumulative return in cash at $121,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: Krystal Quihuis • Better Homes and Gardens Real Estate Lifestyle Property Partners
Mls Name: Hive MLS
Mls ID: #100533236