118 Welch DrHigh PointNC27265
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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 High Point at 118 Welch Dr, High Point, NC, 27265 with 5% annual appreciation on a $160,000 basis while $1,546/mo rent supports operations. Total monthly income totals $1,546/mo and a $783/mo payment preserves $571/mo for cash returns. Annual cash flow comes to $6,852/yr on $53,040 deployed, and return on cash invested reaches 32.83% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.59%. Five-year ROI measures 171.97% and total cumulative return in cash totals $91,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,546/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Ike Oglesby • OGLESBY REALTY
Mls Name: Triad MLS
Mls ID: #1200979