1140 Barnes RdMiddlesexNC27557
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1140 Barnes Rd, Middlesex, NC, 27557 in Middlesex speaks for itself: 11.89% gross on a $218,000 price, generating $2,160/mo in rent and $831/mo in net income after the $980/mo debt service. DSCR 2.20, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,977 stacks alongside $60,229 in projected five-year appreciation and $2,008/yr in principal reduction. Projected total cumulative return: $136,134.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.2% |
| Monthly Cash Flow | $831 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $1,242 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1995
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27557, Middlesex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,583 (66.9%) |
| Renter Occupied HU | 899 (23.3%) |
| Vacant Housing Units | 379 ( 9.8%) |
| Median Home Value | $220,885 |
| Average Home Value | $248,348 |
Housing Distribution
Address Breakdown
Residential
3,559
Single Family
3,534
Multi-Family
25
Businesses
103
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
Manufactured
Built in 1995
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27557, Middlesex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,583 (66.9%) |
| Renter Occupied HU | 899 (23.3%) |
| Vacant Housing Units | 379 ( 9.8%) |
| Median Home Value | $220,885 |
| Average Home Value | $248,348 |
Housing Distribution
Address Breakdown
Residential
3,559
Single Family
3,534
Multi-Family
25
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Morgan Womble • Compass -- Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115852
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.