1712 N Hamilton St APT BHigh PointNC27262
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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 1712 N Hamilton St APT B, High Point, NC, 27262 uses $43,062 cash to close to unlock $5,461/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $1,247/mo, and a $636/mo payment keeps the spread at $455/mo. Purchase price stands at $129,900, and rental yield measures 11.52% with $1,247/mo rent. Return on cash invested shows 32.59% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 170.87% and total cumulative return in cash records $73,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,247/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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Listed by: Isaac Ahmad • eXp Realty
Mls Name: Triad MLS
Mls ID: #1197407