1821 Back Creek CtAsheboroNC27205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Asheboro at 1821 Back Creek Ct, Asheboro, NC, 27205 generates $2,678/mo in rent and, after a $1,957/mo payment, leaves $241/mo in cash flow. Total monthly income is $2,678/mo, and annual cash flow is $2,893/yr on $132,567 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 8.04% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 114.45% and total cumulative return in cash sums $151,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,678/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.79 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Olga Leggett • K2 Real Estate Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10110074
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.