203 Church St SStonevilleNC27048
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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 Stoneville at 203 Church St S, Stoneville, NC, 27048 priced at $369,900 pairs $2,026/mo rent with after a $1,810/mo payment. Total monthly income equals $2,026/mo. Return on cash invested is 17.68% in year one, and rental yield stands at 6.57% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 90.78% and total cumulative return in cash reaches $111,322. For financing, Ziffy Mortgage’s DSCR program evaluates $2,026/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27048, Stoneville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 2,702 (72.3%) |
| Renter Occupied HU | 629 (16.8%) |
| Vacant Housing Units | 406 (10.9%) |
| Median Home Value | $215,957 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
3,443
Single Family
3,419
Multi-Family
24
Businesses
125
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Listed by: Christy Locklear • A New Dawn Realty, Inc
Mls Name: Triad MLS
Mls ID: #1203374