1300 Brooklyn Avenue ExtRamseurNC27316
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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 Ramseur at 1300 Brooklyn Avenue Ext, Ramseur, NC, 27316 listed at $349,900 pairs $1,936/mo rent with a $1,713/mo payment. Total monthly income runs $1,936/mo. Return on cash invested measures 17.87% in year one, and rental yield registers 6.64% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 91.83% and total cumulative return in cash totals $106,518. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,936/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27316, Ramseur, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,213 (100%) |
| Owner Occupied HU | 2,098 (65.3%) |
| Renter Occupied HU | 745 (23.2%) |
| Vacant Housing Units | 370 (11.5%) |
| Median Home Value | $210,410 |
| Average Home Value | $246,519 |
Housing Distribution
Address Breakdown
Residential
2,693
Single Family
2,510
Multi-Family
183
Businesses
207
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Listed by: Katie Brown • Howard Hanna Allen Tate-Asheboro
Mls Name: Triad MLS
Mls ID: #1197356