1610 Walker PlHigh PointNC27260
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 High Point at 1610 Walker Pl, High Point, NC, 27260 generates $1,169/mo in rent and, after a $857/mo payment, leaves $102/mo in cash flow. Total monthly income is $1,169/mo, and annual cash flow is $1,224/yr on $58,013 invested. Return on cash invested sits at 22.02% in year one, and rental yield is 8.02% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash sums $66,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,169/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
0.15 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebeca de Jesus Bacilio • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1205879