130 Garner StDentonNC27239
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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 Denton at 130 Garner St, Denton, NC, 27239 offers $930/mo rent that, after a $808/mo payment. Total monthly income is $930/mo. Return on cash invested measures 18.24% in year one, and rental yield stands at 6.76% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 93.77% and total cumulative return in cash reaches $51,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $930/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27239, Denton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,652 (100%) |
| Owner Occupied HU | 3,184 (68.4%) |
| Renter Occupied HU | 816 (17.5%) |
| Vacant Housing Units | 652 (14.0%) |
| Median Home Value | $262,403 |
| Average Home Value | $296,171 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,835
Multi-Family
0
Businesses
294
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Listed by: Emma Holt • Price REALTORS - Thomasville
Mls Name: Triad MLS
Mls ID: #1204135