1115 Bailey RdGermantonNC27019
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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
Rental property for sale in Germanton at 1115 Bailey Rd, Germanton, NC, 27019 generates $1,129/mo in rent and, after a $734/mo payment, leaves $215/mo in cash flow. Total monthly income is $1,129/mo, and annual cash flow is $2,580/yr on $49,725 invested. Return on cash invested sits at 25.1% in year one, and rental yield is 9.03% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 130.55% and total cumulative return in cash sums $64,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,129/mo property income rather than buyer’s personal income.
Manufactured
Built in 1985
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27019, Germanton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,904 (100%) |
| Owner Occupied HU | 1,385 (72.7%) |
| Renter Occupied HU | 337 (17.7%) |
| Vacant Housing Units | 182 ( 9.6%) |
| Median Home Value | $235,911 |
| Average Home Value | $298,052 |
Housing Distribution
Address Breakdown
Residential
1,618
Single Family
1,618
Multi-Family
0
Businesses
72
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Listed by: Sherry Whitt • Sherry Whitt Properties
Mls Name: Triad MLS
Mls ID: #1203316