1307 Gilbrook CtHigh PointNC27262
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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 High Point at 1307 Gilbrook Ct, High Point, NC, 27262 offers a 9.26% rental yield on a $550,000 purchase with $4,244/mo rent. Total monthly income registers $4,244/mo, and a $2,692/mo payment leaves $892/mo available for distribution. Annual cash flow reaches $10,704/yr on $180,950 to close, and return on cash invested stands at 25.98% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 135.21% and total cumulative return in cash at $244,654. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,244/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
0.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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Listed by: Lee Kemp • Howard Hanna Allen Tate High Point
Mls Name: Triad MLS
Mls ID: #1206254