1110 Worth StHigh PointNC27260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 High Point at 1110 Worth St, High Point, NC, 27260 uses $58,013 cash to close to unlock $1,404/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,184/mo, and a $857/mo payment keeps the spread at $117/mo. Purchase price stands at $175,000, and rental yield measures 8.12% with $1,184/mo rent. Return on cash invested shows 22.33% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 115.68% and total cumulative return in cash records $67,111. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,184/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1922
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Russell Littlejohn • Carolina Alpine Real Estate
Mls Name: Triad MLS
Mls ID: #1205365