1107 Walnut StReidsvilleNC27320
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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 Reidsville at 1107 Walnut St, Reidsville, NC, 27320 earns from $919/mo rent with a $797/mo payment. Total monthly income totals $919/mo. ROI tracks 18.28% on current figures, and rental yield reads 6.77% at a $162,900 purchase. Equity gained on principal adds $1,051/yr, and 5% annual appreciation supports $45,006 over five years. Five-year ROI reaches 94% and total cumulative return in cash sums $50,760. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $919/mo property income instead of your personal income.
Single Family
Built in 1936
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
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Listed by: Stephanie Andrew • Realty One Group Results Greensboro
Mls Name: Triad MLS
Mls ID: #1203432