206 Artesa DrPrincetonNC27569
Nearby investment properties with comparable rents
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 Princeton at 206 Artesa Dr, Princeton, NC, 27569 offers a 8.42% rental yield on a $407,500 purchase with $2,858/mo rent. Total monthly income registers $2,858/mo, and a $1,995/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,008/yr on $135,086 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $2,630/yr while 5% annual appreciation supports $112,585 over five years. Portfolio math shows five-year ROI at 118.76% and total cumulative return in cash at $160,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,858/mo property income against a $1,995/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.56 Acres lot
$N/A/sqft
$120 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie Thompson • Navigate Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109104
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.