207 Terrell StNorlinaNC27563
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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
Rental property for sale in Norlina at 207 Terrell St, Norlina, NC, 27563 priced at $284,900 pairs $1,800/mo rent with $64/mo cash flow after a $1,394/mo payment. Total monthly income equals $1,800/mo, and annual cash flow comes to $769/yr on $94,444 invested. Return on cash invested is 20.72% in year one, and rental yield stands at 7.58% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 107.14% and total cumulative return in cash reaches $101,183. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27563, Norlina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,223 (55.1%) |
| Renter Occupied HU | 675 (30.4%) |
| Vacant Housing Units | 322 (14.5%) |
| Median Home Value | $121,843 |
| Average Home Value | $163,295 |
Housing Distribution
Address Breakdown
Residential
1,617
Single Family
1,617
Multi-Family
0
Businesses
105
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Listed by: Jaimee Wilder • Fathom Realty NC
Mls Name: Doorify MLS
Mls ID: #10138816