1226 Lewis StEdenNC27288
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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 Eden at 1226 Lewis St, Eden, NC, 27288 uses $69,615 cash to close to unlock $3,012/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $1,531/mo, and a $1,028/mo payment keeps the spread at $251/mo. Purchase price stands at $210,000, and rental yield measures 8.75% with $1,531/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 125.91% and total cumulative return in cash records $87,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,531/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27288, Eden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,875 (100%) |
| Owner Occupied HU | 6,513 (54.8%) |
| Renter Occupied HU | 3,985 (33.6%) |
| Vacant Housing Units | 1,377 (11.6%) |
| Median Home Value | $146,940 |
| Average Home Value | $188,054 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,166
Multi-Family
601
Businesses
714
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Listed by: Emily Sierra • United Realty Group Inc
Mls Name: Triad MLS
Mls ID: #1199358