108 Monnell DrHigh PointNC27265
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
Investment property for sale in High Point at 108 Monnell Dr, High Point, NC, 27265 at $237,500 posts ROI 23.81% with $256/mo cash flow from $1,703/mo rent. Total monthly income equals $1,703/mo, and annual cash flow records $3,072/yr on $78,731 to close. Return on cash invested measures 23.81% and rental yield reads 8.6% at the current $237,500. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 by year five. Five-year ROI prints 123.62% and total cumulative return in cash totals $97,329.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,703/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Pearce Mabe • Mabe & Company
Mls Name: Triad MLS
Mls ID: #1206007