140 James Rd UNIT 1DHigh PtNC27265
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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 Pt at 140 James Rd UNIT 1D, High Pt, NC, 27265 offers a 9.75% rental yield on a $200,000 purchase with $1,625/mo rent. Total monthly income registers $1,625/mo, and a $979/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,872/yr on $66,300 to close, and return on cash invested stands at 27.26% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 142.13% and total cumulative return in cash at $94,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,625/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
0.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Linda K. Beck • Howard Hanna Allen Tate High Point
Mls Name: Triad MLS
Mls ID: #1197152