11504 Bissette RdMiddlesexNC27557
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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
Total monthly income runs $1,120/mo, and a $1,125/mo payment. Purchase price stands at $229,900, and rental yield measures 5.85% with $1,120/mo rent. Return on cash invested shows 15.49% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 79.06% and total cumulative return in cash records $60,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,120/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1973
N/A 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
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Listed by: CHRISTINE WORTH • WORTHWHILE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742736
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