2016 Candelar DrHigh PointNC27265
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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 High Point at 2016 Candelar Dr, High Point, NC, 27265 earns $1,089/mo cash flow from $2,887/mo rent with a $1,444/mo payment. Total monthly income totals $2,887/mo, and annual cash flow totals $13,068/yr on $97,793 capital. ROI tracks 33.27% on current figures, and rental yield reads 11.74% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 174.37% and total cumulative return in cash sums $170,522. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,887/mo property income instead of your personal income.
Single Family
Built in 1986
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Rhonda Nelson • Empyrean Realty
Mls Name: Triad MLS
Mls ID: #1205293