115 Gates StRoxboroNC27573
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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 Roxboro at 115 Gates St, Roxboro, NC, 27573 priced at $250,000 converts $2,216/mo rent into $692/mo cash flow after a $1,224/mo obligation. Total monthly income equals $2,216/mo, and annual cash flow totals $8,304/yr on $82,875 invested. Return on cash invested prints 29.93% in year one, and rental yield reads 10.64% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 156.45% and total cumulative return in cash sums $129,658. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,216/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27573, Roxboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,372 (100%) |
| Owner Occupied HU | 2,577 (48.0%) |
| Renter Occupied HU | 2,252 (41.9%) |
| Vacant Housing Units | 543 (10.1%) |
| Median Home Value | $170,803 |
| Average Home Value | $197,586 |
Housing Distribution
Address Breakdown
Residential
4,956
Single Family
4,900
Multi-Family
56
Businesses
870
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Listed by: Tom Mabrey • Keller Williams Legacy
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10124461
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.