208 N Church StreetFaisonNC28341
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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
Rental property for sale in Faison at 208 N Church Street, Faison, NC, 28341 priced at $249,900 pairs $1,424/mo rent with after a $1,223/mo payment. Total monthly income equals $1,424/mo. Return on cash invested is 18.48% in year one, and rental yield stands at 6.84% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 95.09% and total cumulative return in cash reaches $78,770. For financing, Ziffy Mortgage’s DSCR program evaluates $1,424/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28341, Faison, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 965 (56.6%) |
| Renter Occupied HU | 411 (24.1%) |
| Vacant Housing Units | 329 (19.3%) |
| Median Home Value | $166,023 |
| Average Home Value | $191,585 |
Housing Distribution
Address Breakdown
Residential
1,404
Single Family
1,378
Multi-Family
26
Businesses
83
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Listed by: Jesse Lancaster • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100547790