11022 State Highway 222MiddlesexNC27557
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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 Middlesex at 11022 State Highway 222, Middlesex, NC, 27557 uses $66,300 cash to close to unlock $3,372/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $979/mo payment keeps the spread at $281/mo. Purchase price stands at $200,000, and rental yield measures 9% with $1,500/mo rent. Return on cash invested shows 24.99% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 129.97% and total cumulative return in cash records $86,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27557, Middlesex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,583 (66.9%) |
| Renter Occupied HU | 899 (23.3%) |
| Vacant Housing Units | 379 ( 9.8%) |
| Median Home Value | $220,885 |
| Average Home Value | $248,348 |
Housing Distribution
Address Breakdown
Residential
3,559
Single Family
3,534
Multi-Family
25
Businesses
103
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Listed by: Sherry Byrd • HomeTowne Realty
Mls Name: Doorify MLS
Mls ID: #10143409