1417 Madison StHigh 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 1417 Madison St, High Point, NC, 27262 uses $91,163 cash to close to unlock $6,768/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $2,240/mo, and a $1,346/mo payment keeps the spread at $564/mo. Purchase price stands at $275,000, and rental yield measures 9.77% with $2,240/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 142.52% and total cumulative return in cash records $129,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,240/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1967
4,356 sqft 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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