208 S Ethel StreetSelmaNC27576
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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 Selma at 208 S Ethel Street, Selma, NC, 27576 generates $869/mo in rent and, after a $538/mo payment, leaves $199/mo in cash flow. Total monthly income is $869/mo, and annual cash flow is $2,388/yr on $36,465 invested. Return on cash invested sits at 26.46% in year one, and rental yield is 9.48% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 137.79% and total cumulative return in cash sums $50,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $869/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Listed by: Yoel Deshe • Fathom Realty NC, LLC Cary
Mls Name: Hive MLS
Mls ID: #100544274