1535 E Fairfield RdHigh 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 1535 E Fairfield Rd, High Point, NC, 27263 earns $471/mo cash flow from $1,415/mo rent with a $758/mo payment. Total monthly income totals $1,415/mo, and annual cash flow totals $5,653/yr on $51,349 capital. ROI tracks 30.92% on current figures, and rental yield reads 10.96% at a $154,900 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 over five years. Five-year ROI reaches 161.87% and total cumulative return in cash sums $83,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,415/mo property income instead of your personal income.
Single Family
Built in 1940
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: Miguel Carreno • Howard Hanna Allen Tate High Point
Mls Name: Triad MLS
Mls ID: #1205092