207 Spring Forest DrGoldsboroNC27534
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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 Goldsboro at 207 Spring Forest Dr, Goldsboro, NC, 27534 uses $134,258 cash to close to unlock $4,932/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $2,879/mo, and a $1,982/mo payment keeps the spread at $411/mo. Purchase price stands at $405,000, and rental yield measures 8.53% with $2,879/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 122.41% and total cumulative return in cash records $164,342. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,879/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27534, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,830 (100%) |
| Owner Occupied HU | 7,559 (51.0%) |
| Renter Occupied HU | 5,745 (38.7%) |
| Vacant Housing Units | 1,526 (10.3%) |
| Median Home Value | $234,896 |
| Average Home Value | $255,865 |
Housing Distribution
Address Breakdown
Residential
15,246
Single Family
13,036
Multi-Family
2,210
Businesses
1,207
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Listed by: Jordan Alston • Golden Realty
Mls Name: Doorify MLS
Mls ID: #10132572