142 Winchester DrEllenboroNC28040
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow142 Winchester Dr, Ellenboro, NC, 28040 in Ellenboro is a solid income-producing rental, 10.38% gross yield, $1,505/mo rent, $444/mo net cash flow on a $174,000 buy. DSCR 1.92 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $48,073 and $1,603/yr in principal reduction project a total cumulative return of $94,589.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $444 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,505 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 1.52x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28040, Ellenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,283 (64.1%) |
| Renter Occupied HU | 792 (22.3%) |
| Vacant Housing Units | 484 (13.6%) |
| Median Home Value | $198,300 |
| Average Home Value | $258,437 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
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
Single Family
Built in 1987
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28040, Ellenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,283 (64.1%) |
| Renter Occupied HU | 792 (22.3%) |
| Vacant Housing Units | 484 (13.6%) |
| Median Home Value | $198,300 |
| Average Home Value | $258,437 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mwenda Randall • Costello Real Estate and Investments LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4334243