167 Birch StWilkesboroNC28697
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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
Rental property for sale in Wilkesboro at 167 Birch St, Wilkesboro, NC, 28697 priced at $214,900 pairs $1,497/mo rent with $187/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,497/mo, and annual cash flow comes to $2,245/yr on $71,239 invested. Return on cash invested is 23.06% in year one, and rental yield stands at 8.36% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 119.69% and total cumulative return in cash reaches $85,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,497/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28697, Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,037 (100%) |
| Owner Occupied HU | 3,811 (63.1%) |
| Renter Occupied HU | 1,587 (26.3%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $249,953 |
| Average Home Value | $280,346 |
Housing Distribution
Address Breakdown
Residential
5,634
Single Family
5,365
Multi-Family
269
Businesses
693
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Listed by: Lawrence Kelley, Jr. • Kelley Realty
Mls Name: Triad MLS
Mls ID: #1189213