206 Jackson StSalemburgNC28385
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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 Salemburg at 206 Jackson St, Salemburg, NC, 28385 with 5% annual appreciation on a $125,000 basis while $1,656/mo rent supports operations. Total monthly income totals $1,656/mo and a $612/mo payment preserves $894/mo for cash returns. Annual cash flow comes to $10,728/yr on $41,438 deployed, and return on cash invested reaches 45.8% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 15.9%. Five-year ROI measures 241.53% and total cumulative return in cash totals $100,085.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,656/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28385, Salemburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,199 (100%) |
| Owner Occupied HU | 808 (67.4%) |
| Renter Occupied HU | 253 (21.1%) |
| Vacant Housing Units | 138 (11.5%) |
| Median Home Value | $161,111 |
| Average Home Value | $192,877 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
40
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Listed by: Shea Smith • NorthGroup Real Estate, Inc.
Mls Name: Doorify MLS
Mls ID: #10102562