119 Davie StMocksvilleNC27014
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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 Mocksville at 119 Davie St, Mocksville, NC, 27014 earns $309/mo cash flow from $1,406/mo rent with a $881/mo payment. Total monthly income totals $1,406/mo, and annual cash flow totals $3,708/yr on $59,670 capital. ROI tracks 26.12% on current figures, and rental yield reads 9.37% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 136.02% and total cumulative return in cash sums $81,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,406/mo property income instead of your personal income.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27014, Cooleemee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 239 (54.8%) |
| Renter Occupied HU | 138 (31.7%) |
| Vacant Housing Units | 59 (13.5%) |
| Median Home Value | $117,067 |
| Average Home Value | $148,096 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
47
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Listed by: N/A • N/A
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