1537 Humble StAsheboroNC27203
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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 Asheboro at 1537 Humble St, Asheboro, NC, 27203 listed at $225,000 pairs $1,450/mo rent with a $1,101/mo payment to leave $79/mo cash flow. Total monthly income runs $1,450/mo, and annual cash flow reaches $948/yr on $74,588 cash to close. Return on cash invested measures 21.18% in year one, and rental yield registers 7.73% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 109.53% and total cumulative return in cash totals $81,693. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,450/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27203, Asheboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,058 (100%) |
| Owner Occupied HU | 4,270 (42.5%) |
| Renter Occupied HU | 4,969 (49.4%) |
| Vacant Housing Units | 819 ( 8.1%) |
| Median Home Value | $168,026 |
| Average Home Value | $198,809 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
8,179
Multi-Family
1,334
Businesses
1,220
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Listed by: Reveca Cardoza • United Realty Group Inc.
Mls Name: Triad MLS
Mls ID: #1195812