112 Elaine StTrinityNC27370
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
Rental property for sale in Trinity at 112 Elaine St, Trinity, NC, 27370 priced at $259,900 pairs $1,938/mo rent with $354/mo cash flow after a $1,272/mo payment. Total monthly income equals $1,938/mo, and annual cash flow comes to $4,249/yr on $86,157 invested. Return on cash invested is 24.84% in year one, and rental yield stands at 8.95% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 129.22% and total cumulative return in cash reaches $111,334. For financing, Ziffy Mortgage’s DSCR program evaluates $1,938/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27370, Trinity, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,336 (79.9%) |
| Renter Occupied HU | 951 (14.2%) |
| Vacant Housing Units | 389 ( 5.8%) |
| Median Home Value | $225,849 |
| Average Home Value | $244,933 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
6,514
Multi-Family
92
Businesses
180
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Listed by: Heather Weathers • eXp Realty
Mls Name: Triad MLS
Mls ID: #1202760