208 Northpoint Ave UNIT HHigh PointNC27262
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 208 Northpoint Ave UNIT H, High Point, NC, 27262 in High Point is narrow, $39/mo net on $940/mo rent after the $508/mo debt service, but the property operates at break-even-plus, not a loss. At $112,900 with a 9.99% yield, the long-run equity case via 5% appreciation ($31,192 over five years) and $1,040/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.85 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $46,205.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.5% |
| Monthly Cash Flow | $39 | $300 |
City averages based on High Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $940 |
| Total Monthly Debt Service | $856 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1972
0.01 Acres lot
$N/A/sqft
$213 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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
Condo
Built in 1972
0.01 Acres lot
$N/A/sqft
$213 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices