110 Lexington AveZebulonNC27597
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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 Zebulon at 110 Lexington Ave, Zebulon, NC, 27597 priced at $545,000 pairs $2,968/mo rent with after a $2,668/mo payment. Total monthly income equals $2,968/mo. Return on cash invested is 17.69% in year one, and rental yield stands at 6.54% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 90.78% and total cumulative return in cash reaches $162,780. For financing, Ziffy Mortgage’s DSCR program evaluates $2,968/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27597, Zebulon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,589 (100%) |
| Owner Occupied HU | 10,303 (75.8%) |
| Renter Occupied HU | 2,656 (19.5%) |
| Vacant Housing Units | 630 ( 4.6%) |
| Median Home Value | $398,188 |
| Average Home Value | $526,668 |
Housing Distribution
Address Breakdown
Residential
13,292
Single Family
13,259
Multi-Family
33
Businesses
632
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Listed by: Joe Norwood • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10131400