203 Church StRandlemanNC27317
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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
Investment Highlights
Investment property for sale in Randleman at 203 Church St, Randleman, NC, 27317 at $230,000 posts ROI 24.65% with $301/mo cash flow from $1,703/mo rent. Total monthly income equals $1,703/mo, and annual cash flow records $3,612/yr on $76,245 to close. Return on cash invested measures 24.65% and rental yield reads 8.89% at the current $230,000. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 by year five. Five-year ROI prints 128.11% and total cumulative return in cash totals $97,675.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,703/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27317, Randleman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,332 (69.4%) |
| Renter Occupied HU | 1,916 (24.9%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $209,336 |
| Average Home Value | $246,020 |
Housing Distribution
Address Breakdown
Residential
7,335
Single Family
7,063
Multi-Family
272
Businesses
530
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Listed by: Lacey Bice • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1198557