1842 Ellenboro Henrietta RdEllenboroNC28040
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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 Ellenboro at 1842 Ellenboro Henrietta Rd, Ellenboro, NC, 28040 earns $421/mo cash flow from $1,639/mo rent with a $978/mo payment. Total monthly income totals $1,639/mo, and annual cash flow totals $5,053/yr on $66,267 capital. ROI tracks 27.53% on current figures, and rental yield reads 9.84% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 143.67% and total cumulative return in cash sums $95,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,639/mo property income instead of your personal income.
Single Family
Built in 1954
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28040, Ellenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,283 (64.1%) |
| Renter Occupied HU | 792 (22.3%) |
| Vacant Housing Units | 484 (13.6%) |
| Median Home Value | $198,300 |
| Average Home Value | $258,437 |
Housing Distribution
Address Breakdown
Residential
2,977
Single Family
2,977
Multi-Family
0
Businesses
95
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Listed by: Sandra Hendren • Coldwell Banker Mountain View
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4300903