1942 Flat Rock RdReidsvilleNC27320
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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 Reidsville at 1942 Flat Rock Rd, Reidsville, NC, 27320 listed at $295,000 pairs $2,072/mo rent with a $1,444/mo payment to leave $274/mo cash flow. Total monthly income runs $2,072/mo, and annual cash flow reaches $3,288/yr on $97,793 cash to close. Return on cash invested measures 23.27% in year one, and rental yield registers 8.43% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 120.75% and total cumulative return in cash totals $118,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,072/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
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Listed by: Kim Paschal • Southern Signature Properties
Mls Name: Triad MLS
Mls ID: #1202415