1501 Cox CtHigh PointNC27263
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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 1501 Cox Ct, High Point, NC, 27263 earns from $1,753/mo rent with a $1,468/mo payment. Total monthly income totals $1,753/mo. ROI tracks 19.01% on current figures, and rental yield reads 7.01% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 97.92% and total cumulative return in cash sums $97,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Single Family
Built in 1997
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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Listed by: Melanie Shoemaker • eXp Realty
Mls Name: Triad MLS
Mls ID: #1205185