1273 Cedar Creek DrAsheboroNC27205
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
Investment Highlights
Investment property for sale in Asheboro at 1273 Cedar Creek Dr, Asheboro, NC, 27205 earns $280/mo cash flow from $3,083/mo rent with a $2,251/mo payment. Total monthly income totals $3,083/mo, and annual cash flow totals $3,361/yr on $152,457 capital. ROI tracks 22.11% on current figures, and rental yield reads 8.04% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 114.57% and total cumulative return in cash sums $174,666. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,083/mo property income instead of your personal income.
Single Family
Built in 1981
1.55 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael McDaniel • Redfin Corporation
Mls Name: Triad MLS
Mls ID: #1199992