157 Macon Price RdGarysburgNC27831
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 Garysburg at 157 Macon Price Rd, Garysburg, NC, 27831 priced at $139,900 pairs $1,084/mo rent with $231/mo cash flow after a $685/mo payment. Total monthly income equals $1,084/mo, and annual cash flow comes to $2,773/yr on $46,377 invested. Return on cash invested is 25.89% in year one, and rental yield stands at 9.3% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 134.89% and total cumulative return in cash reaches $62,559. For financing, Ziffy Mortgage’s DSCR program evaluates $1,084/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27831, Garysburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 896 (52.0%) |
| Renter Occupied HU | 443 (25.7%) |
| Vacant Housing Units | 385 (22.3%) |
| Median Home Value | $88,108 |
| Average Home Value | $139,821 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Betty Harris • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139544