155 Brown RdChina GroveNC28023
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
Investment property for sale in China Grove at 155 Brown Rd, China Grove, NC, 28023 at $230,000 posts ROI 22.62% with $172/mo cash flow from $1,574/mo rent. Total monthly income equals $1,574/mo, and annual cash flow records $2,064/yr on $76,245 to close. Return on cash invested measures 22.62% and rental yield reads 8.21% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 117.22% and total cumulative return in cash totals $89,371.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,574/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28023, China Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,449 (100%) |
| Owner Occupied HU | 4,807 (74.5%) |
| Renter Occupied HU | 1,226 (19.0%) |
| Vacant Housing Units | 416 ( 6.5%) |
| Median Home Value | $282,736 |
| Average Home Value | $345,124 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,306
Multi-Family
0
Businesses
396
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Nearby investment properties with comparable prices
Listed by: Jessica Eudy • Allen Tate Concord
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296599