111 W Jennette AveHendersonNC27536
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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 Henderson at 111 W Jennette Ave, Henderson, NC, 27536 with 5% annual appreciation on a $132,000 basis while $1,034/mo rent supports operations. Total monthly income totals $1,034/mo and a $646/mo payment preserves $230/mo for cash returns. Annual cash flow comes to $2,755/yr on $43,758 deployed, and return on cash invested reaches 26.21% in year one. Equity gained on principal adds $852/yr, and five-year appreciation sums $36,469 alongside rental yield of 9.4%. Five-year ROI measures 136.53% and total cumulative return in cash totals $59,743.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,034/mo property income versus a $646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1918
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Laura Pendergrass • Slate Real Estate LLC
Mls Name: Doorify MLS
Mls ID: #10116864