18 Pershing StThomasvilleNC27360
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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 Thomasville at 18 Pershing St, Thomasville, NC, 27360 priced at $389,900 pairs $2,320/mo rent with after a $1,908/mo payment. Total monthly income equals $2,320/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 7.14% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 99.95% and total cumulative return in cash reaches $129,193. For financing, Ziffy Mortgage’s DSCR program evaluates $2,320/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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Listed by: Michael Driver • eXp Realty
Mls Name: Triad MLS
Mls ID: #1203288