208 W Church StBensonNC27504
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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 Benson at 208 W Church St, Benson, NC, 27504 priced at $130,000 converts $1,008/mo rent into $216/mo cash flow after a $636/mo obligation. Total monthly income equals $1,008/mo, and annual cash flow totals $2,592/yr on $43,095 invested. Return on cash invested prints 25.92% in year one, and rental yield reads 9.3% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 134.97% and total cumulative return in cash sums $58,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,008/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27504, Benson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,748 (100%) |
| Owner Occupied HU | 6,119 (69.9%) |
| Renter Occupied HU | 1,924 (22.0%) |
| Vacant Housing Units | 705 ( 8.1%) |
| Median Home Value | $264,067 |
| Average Home Value | $305,612 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
7,749
Multi-Family
180
Businesses
621
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Listed by: Andrew Davis Odom • SECU*RE Inc.
Mls Name: Doorify MLS
Mls ID: #10130600