116 E Jones StreetTrentonNC28585
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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 Trenton at 116 E Jones Street, Trenton, NC, 28585 uses $149,175 cash to close to unlock $20,160/yr annual cash flow and $1,680/mo monthly cash flow. Total monthly income runs $4,423/mo, and a $2,203/mo payment keeps the spread at $1,680/mo. Purchase price stands at $450,000, and rental yield measures 11.79% with $4,423/mo rent. Return on cash invested shows 33.42% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 175.18% and total cumulative return in cash records $261,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,423/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1820
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28585, Trenton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,974 (100%) |
| Owner Occupied HU | 1,367 (69.3%) |
| Renter Occupied HU | 311 (15.8%) |
| Vacant Housing Units | 296 (15.0%) |
| Median Home Value | $127,533 |
| Average Home Value | $173,281 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,657
Multi-Family
0
Businesses
165
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Listed by: Elvin James Lee • UNITED REAL ESTATE COASTAL RIVERS
Mls Name: Hive MLS
Mls ID: #100549863