200 Berrybeth CirChina GroveNC28023
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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 China Grove at 200 Berrybeth Cir, China Grove, NC, 28023 offers a 8.94% rental yield on a $364,777 purchase with $2,719/mo rent. Total monthly income registers $2,719/mo, and a $1,785/mo payment leaves $496/mo available for distribution. Annual cash flow reaches $5,955/yr on $120,924 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $2,354/yr while 5% annual appreciation supports $100,781 over five years. Portfolio math shows five-year ROI at 129.15% and total cumulative return in cash at $156,177. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,719/mo property income against a $1,785/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28023, China Grove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,449 (100%) |
| Owner Occupied HU | 4,807 (74.5%) |
| Renter Occupied HU | 1,226 (19.0%) |
| Vacant Housing Units | 416 ( 6.5%) |
| Median Home Value | $282,736 |
| Average Home Value | $345,124 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,306
Multi-Family
0
Businesses
396
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Listed by: Keith Knight • Wallace Realty Company
Mls Name: Triad MLS
Mls ID: #1205337