134 N Park DrJonesvilleNC28642
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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
Rental property for sale in Jonesville at 134 N Park Dr, Jonesville, NC, 28642 priced at $234,900 pairs $1,770/mo rent with $338/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,770/mo, and annual cash flow comes to $4,057/yr on $77,869 invested. Return on cash invested is 25.12% in year one, and rental yield stands at 9.04% on a $234,900 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,899 by year five. Five-year ROI measures 130.71% and total cumulative return in cash reaches $101,781. For financing, Ziffy Mortgage’s DSCR program evaluates $1,770/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28642, Jonesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,510 (100%) |
| Owner Occupied HU | 1,598 (63.7%) |
| Renter Occupied HU | 680 (27.1%) |
| Vacant Housing Units | 232 ( 9.2%) |
| Median Home Value | $153,205 |
| Average Home Value | $187,322 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,375
Multi-Family
8
Businesses
208
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Listed by: Lauria Yeary • R&B Legacy Group
Mls Name: Triad MLS
Mls ID: #1202239