109 Calloway RdKingNC27021
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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 King at 109 Calloway Rd, King, NC, 27021 earns $415/mo cash flow from $1,920/mo rent with a $1,209/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $4,975/yr on $81,881 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.33% at a $247,000 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 over five years. Five-year ROI reaches 135.32% and total cumulative return in cash sums $110,800. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1960
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27021, King, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 5,671 (70.6%) |
| Renter Occupied HU | 1,802 (22.4%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $214,443 |
| Average Home Value | $246,078 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
7,325
Multi-Family
203
Businesses
480
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Listed by: Spencer Harrell • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1193352