1547 Barnstable CtColfaxNC27235
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
Investment Highlights
Rental property for sale in Colfax at 1547 Barnstable Ct, Colfax, NC, 27235 priced at $386,365 converts $2,441/mo rent into $86/mo cash flow after a $1,891/mo obligation. Total monthly income equals $2,441/mo, and annual cash flow totals $1,036/yr on $128,080 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 7.58% against a $386,365 entry. Equity gained on principal adds $2,493/yr, while 5% annual appreciation compiles into $106,746 by year five. Five-year ROI reaches 107.07% and total cumulative return in cash sums $137,131. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,441/mo property income covering a $1,891/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27235, Colfax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,655 (100%) |
| Owner Occupied HU | 1,558 (58.7%) |
| Renter Occupied HU | 861 (32.4%) |
| Vacant Housing Units | 236 ( 8.9%) |
| Median Home Value | $372,727 |
| Average Home Value | $417,988 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,157
Multi-Family
399
Businesses
208
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Listed by: Travis Johnson • Keystone Homes
Mls Name: Keystone Homes NC
Mls Provider:
Mls ID: #N/A