1705 Bolingbroke RdHigh PointNC27265
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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 High Point at 1705 Bolingbroke Rd, High Point, NC, 27265 generates $1,777/mo in rent and, after a $1,346/mo payment, leaves $101/mo in cash flow. Total monthly income is $1,777/mo, and annual cash flow is $1,212/yr on $91,163 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 7.75% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 109.83% and total cumulative return in cash sums $100,127. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,777/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Rickey Burke • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1204655