1123 Edinburgh DrHigh PointNC27282
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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 High Point at 1123 Edinburgh Dr, High Point, NC, 27282 generates $2,545/mo in rent and, after a $1,322/mo payment, leaves $899/mo in cash flow. Total monthly income is $2,545/mo, and annual cash flow is $10,788/yr on $89,505 invested. Return on cash invested sits at 31.96% in year one, and rental yield is 11.31% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 167.33% and total cumulative return in cash sums $149,773. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,545/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27282, Jamestown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,190 (100%) |
| Owner Occupied HU | 4,788 (66.6%) |
| Renter Occupied HU | 2,102 (29.2%) |
| Vacant Housing Units | 300 ( 4.2%) |
| Median Home Value | $317,586 |
| Average Home Value | $338,143 |
Housing Distribution
Address Breakdown
Residential
7,135
Single Family
6,974
Multi-Family
161
Businesses
564
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Listed by: Chad Kiger • TKG Real Estate
Mls Name: Triad MLS
Mls ID: #1203308