113 W Farm LoopStokesdaleNC27537
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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
Investment property for sale in Stokesdale at 113 W Farm Loop, Stokesdale, NC, 27537 listed at $293,000 pairs $1,860/mo rent with a $1,434/mo payment to leave $74/mo cash flow. Total monthly income runs $1,860/mo, and annual cash flow reaches $893/yr on $97,130 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 7.62% at a $293,000 basis. Equity gained on principal adds $1,891/yr, and annual property appreciation at 5% supports $80,951 by year five. Five-year ROI tracks 107.66% and total cumulative return in cash totals $104,566. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $1,434/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Elizabeth Ward • DR Horton
Mls Name: Triad MLS
Mls ID: #1202572