205 Roanoke Ave LOT 78PlymouthNC27962
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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
Total monthly income runs $720/mo, and a $783/mo payment. Purchase price stands at $160,000, and rental yield measures 5.4% with $720/mo rent. Return on cash invested shows 14.14% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 71.74% and total cumulative return in cash records $38,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $720/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27962, Plymouth, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,543 (100%) |
| Owner Occupied HU | 1,832 (51.7%) |
| Renter Occupied HU | 1,108 (31.3%) |
| Vacant Housing Units | 603 (17.0%) |
| Median Home Value | $121,184 |
| Average Home Value | $169,337 |
Housing Distribution
Address Breakdown
Residential
3,021
Single Family
2,990
Multi-Family
31
Businesses
328
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Listed by: Daniel G Salazar • Lime Rock Realty LLC
Mls Name: OBAR
Mls ID: #131281