201 S Bond StRowlandNC28383
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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
Rental property for sale in Rowland at 201 S Bond St, Rowland, NC, 28383 priced at $190,000 pairs $1,624/mo rent with $413/mo cash flow after a $930/mo payment. Total monthly income equals $1,624/mo, and annual cash flow comes to $4,956/yr on $62,985 invested. Return on cash invested is 27.78% in year one, and rental yield stands at 10.26% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 145.29% and total cumulative return in cash reaches $91,512. For financing, Ziffy Mortgage’s DSCR program evaluates $1,624/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28383, Rowland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 2,060 (69.9%) |
| Renter Occupied HU | 589 (20.0%) |
| Vacant Housing Units | 296 (10.1%) |
| Median Home Value | $89,344 |
| Average Home Value | $137,808 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
119
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Listed by: HELENA SINCLAIR • BHHS ALL AMERICAN HOMES #2
Mls Name: LPRMLS
Mls Provider:
Mls ID: #724637
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.