1843 Weant RdHigh PointNC27263
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1843 Weant Rd, High Point, NC, 27263 in High Point. At $243,000 it earns $1,904/mo in rent and distributes $423/mo to the owner after the $1,093/mo payment, a consistent 9.4% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $67,136 in value; $2,238/yr in principal paydown compounds ownership stake. Total projected return: $119,287.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $423 | $300 |
City averages based on High Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,904 |
| Total Monthly Debt Service | $1,384 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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
Single Family
Built in 1968
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Huffman • Jeff Cook Real Estate LPT Realty
Mls Name: Triad MLS
Mls ID: #1198950