108 Eddy CtBensonNC27504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Benson at 108 Eddy Ct, Benson, NC, 27504 generates $1,895/mo in rent, after a $1,527/mo payment. Total monthly income is $1,895/mo. Return on cash invested sits at 19.83% in year one, and rental yield is 7.29% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 102.33% and total cumulative return in cash sums $105,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,895/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27504, Benson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,748 (100%) |
| Owner Occupied HU | 6,119 (69.9%) |
| Renter Occupied HU | 1,924 (22.0%) |
| Vacant Housing Units | 705 ( 8.1%) |
| Median Home Value | $264,067 |
| Average Home Value | $305,612 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
7,749
Multi-Family
180
Businesses
621
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tony C Sanders • HomeTowne Realty
Mls Name: Doorify MLS
Mls ID: #10132235