1408 Wiltshire StHigh PointNC27265
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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 1408 Wiltshire St, High Point, NC, 27265 uses $72,930 cash to close to unlock $2,964/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $1,077/mo payment keeps the spread at $247/mo. Purchase price stands at $220,000, and rental yield measures 8.66% with $1,588/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 124.51% and total cumulative return in cash records $90,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.46 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: Karla Comer • Howard Hanna Allen Tate Oak Ridge Commons
Mls Name: Triad MLS
Mls ID: #1197904