1809 S Garnett ExtHendersonNC27536
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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 Henderson at 1809 S Garnett Ext, Henderson, NC, 27536 uses $56,322 cash to close to unlock $6,553/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $1,582/mo, and a $832/mo payment keeps the spread at $546/mo. Purchase price stands at $169,900, and rental yield measures 11.17% with $1,582/mo rent. Return on cash invested shows 31.54% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 165.19% and total cumulative return in cash records $93,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Karen Stainback • Coldwell Banker Advantage Hend
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10100023
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.