121 Storey RdMurfreesboroNC27855
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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
Rental property for sale in Murfreesboro at 121 Storey Rd, Murfreesboro, NC, 27855 priced at $250,000 pairs $1,228/mo rent with after a $1,224/mo payment. Total monthly income equals $1,228/mo. Return on cash invested is 15.62% in year one, and rental yield stands at 5.89% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 79.72% and total cumulative return in cash reaches $66,070. For financing, Ziffy Mortgage’s DSCR program evaluates $1,228/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27855, Murfreesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,433 (100%) |
| Owner Occupied HU | 1,339 (55.0%) |
| Renter Occupied HU | 746 (30.7%) |
| Vacant Housing Units | 348 (14.3%) |
| Median Home Value | $146,514 |
| Average Home Value | $168,559 |
Housing Distribution
Address Breakdown
Residential
2,183
Single Family
2,181
Multi-Family
2
Businesses
158
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Listed by: Marion F Gatling • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10093826