209 Allison StReidsvilleNC27320
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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 Reidsville at 209 Allison St, Reidsville, NC, 27320 priced at $245,000 converts $1,386/mo rent into after a $1,199/mo obligation. Total monthly income equals $1,386/mo. Return on cash invested prints 18.33% in year one, and rental yield reads 6.79% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 94.24% and total cumulative return in cash sums $76,536. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,386/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
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Listed by: Areli Diaz Rios • Realty One Group Results Reidsville
Mls Name: Triad MLS
Mls ID: #1187183