126 Mason StreetPrincetonNC27569
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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 Princeton at 126 Mason Street, Princeton, NC, 27569 priced at $329,900 converts $1,200/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,200/mo. Return on cash invested prints 11.01% in year one, and rental yield reads 4.36% against a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,145 by year five. Five-year ROI reaches 55.03% and total cumulative return in cash sums $60,183. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,200/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
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Listed by: Beth Hines • RE/MAX Southland Realty II
Mls Name: Hive MLS
Mls ID: #100542851