120 Mathis StJonesvilleNC28642
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 120 Mathis St, Jonesville, NC, 28642 in Jonesville. At $158,000 it earns $1,420/mo in rent and distributes $457/mo to the owner after the $710/mo payment, a consistent 10.78% yield. DSCR 2.00 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $43,652 in value; $1,455/yr in principal paydown compounds ownership stake. Total projected return: $89,311.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $457 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,420 |
| Total Monthly Debt Service | $900 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28642, Jonesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,510 (100%) |
| Owner Occupied HU | 1,598 (63.7%) |
| Renter Occupied HU | 680 (27.1%) |
| Vacant Housing Units | 232 ( 9.2%) |
| Median Home Value | $153,205 |
| Average Home Value | $187,322 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,375
Multi-Family
8
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28642, Jonesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,510 (100%) |
| Owner Occupied HU | 1,598 (63.7%) |
| Renter Occupied HU | 680 (27.1%) |
| Vacant Housing Units | 232 ( 9.2%) |
| Median Home Value | $153,205 |
| Average Home Value | $187,322 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,375
Multi-Family
8
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Triad MLS
Mls ID: #1221945