1109 E Joyner StGibsonvilleNC27249
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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 Gibsonville at 1109 E Joyner St, Gibsonville, NC, 27249 uses $66,300 cash to close to unlock $3,000/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $979/mo payment keeps the spread at $250/mo. Purchase price stands at $200,000, and rental yield measures 8.81% with $1,469/mo rent. Return on cash invested shows 24.43% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 126.98% and total cumulative return in cash records $84,188. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Listed by: Rebecca Colwell • Century 21 Vanguard
Mls Name: Doorify MLS
Mls ID: #10142214