1111 Helen StMonroeNC28112
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 Monroe at 1111 Helen St, Monroe, NC, 28112 listed at $277,500 pairs $2,020/mo rent with a $1,358/mo payment to leave $329/mo cash flow. Total monthly income runs $2,020/mo, and annual cash flow reaches $3,948/yr on $91,991 cash to close. Return on cash invested measures 24.2% in year one, and rental yield registers 8.74% at a $277,500 basis. Equity gained on principal adds $1,791/yr, and annual property appreciation at 5% supports $76,668 by year five. Five-year ROI tracks 125.73% and total cumulative return in cash totals $115,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,020/mo property income relative to a $1,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28112, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 8,046 (70.7%) |
| Renter Occupied HU | 2,743 (24.1%) |
| Vacant Housing Units | 594 ( 5.2%) |
| Median Home Value | $359,879 |
| Average Home Value | $454,375 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
10,763
Multi-Family
8
Businesses
626
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Bragg • Fulcrum Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286364