1208 Trogdon StNorth WilkesboroNC28659
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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 North Wilkesboro at 1208 Trogdon St, North Wilkesboro, NC, 28659 with 5% annual appreciation on a $314,900 basis while $3,074/mo rent supports operations. Total monthly income totals $3,074/mo and a $1,541/mo payment preserves $1,155/mo for cash returns. Annual cash flow comes to $13,861/yr on $104,389 deployed, and return on cash invested reaches 33.19% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 11.71%. Five-year ROI measures 173.96% and total cumulative return in cash totals $181,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,074/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28659, North Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 5,818 (61.2%) |
| Renter Occupied HU | 2,668 (28.0%) |
| Vacant Housing Units | 1,026 (10.8%) |
| Median Home Value | $193,873 |
| Average Home Value | $223,238 |
Housing Distribution
Address Breakdown
Residential
9,033
Single Family
8,804
Multi-Family
229
Businesses
834
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Listed by: Julie Fronzaglio • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1194124