11925 Us Highway 301HalifaxNC27839
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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 Halifax at 11925 Us Highway 301, Halifax, NC, 27839 listed at $148,000 pairs $2,160/mo rent with a $724/mo payment to leave $1,258/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $15,101/yr on $49,062 cash to close. Return on cash invested measures 50.69% in year one, and rental yield registers 17.51% at a $148,000 basis. Equity gained on principal adds $955/yr, and annual property appreciation at 5% supports $40,890 by year five. Five-year ROI tracks 267.85% and total cumulative return in cash totals $131,414. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $724/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1986
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27839, Halifax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,427 (100%) |
| Owner Occupied HU | 875 (61.3%) |
| Renter Occupied HU | 257 (18.0%) |
| Vacant Housing Units | 295 (20.7%) |
| Median Home Value | $87,989 |
| Average Home Value | $162,220 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,030
Multi-Family
0
Businesses
128
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Listed by: Joseph Kendrick • USRealty.com, LLP
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100463810
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024-10-17 08:18:46 PDT Hive MLS