1604 Boundary AveHigh PointNC27260
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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 1604 Boundary Ave, High Point, NC, 27260 earns $502/mo cash flow from $1,288/mo rent with a $631/mo payment. Total monthly income totals $1,288/mo, and annual cash flow totals $6,026/yr on $42,764 capital. ROI tracks 34% on current figures, and rental yield reads 11.98% at a $129,000 purchase. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 over five years. Five-year ROI reaches 178.39% and total cumulative return in cash sums $76,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,288/mo property income instead of your personal income.
Single Family
Built in 1953
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
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Listed by: Tran Nguyen • Triad Lifestyle Realty
Mls Name: Triad MLS
Mls ID: #1181443