109 N Cinnebar CtHendersonNC27537
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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
Rental property for sale in Henderson at 109 N Cinnebar Ct, Henderson, NC, 27537 priced at $279,900 pairs $1,721/mo rent with $15/mo cash flow after a $1,370/mo payment. Total monthly income equals $1,721/mo, and annual cash flow comes to $181/yr on $92,787 invested. Return on cash invested is 20.1% in year one, and rental yield stands at 7.38% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 103.81% and total cumulative return in cash reaches $96,325. For financing, Ziffy Mortgage’s DSCR program evaluates $1,721/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Randy Boss • Trammel Brothers Inc.
Mls Name: Doorify MLS
Mls ID: #10112992