1740 N Hamilton St APT GHigh 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 1740 N Hamilton St APT G, High Point, NC, 27262 uses $44,753 cash to close to unlock $2,820/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,058/mo, and a $661/mo payment keeps the spread at $235/mo. Purchase price stands at $135,000, and rental yield measures 9.4% with $1,058/mo rent. Return on cash invested shows 26.21% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 136.49% and total cumulative return in cash records $61,081. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,058/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1974
0.02 Acres 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: Marshall Morgan • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1195810