210 Canterbury RdHigh PointNC27262
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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 High Point at 210 Canterbury Rd, High Point, NC, 27262 offers $3,205/mo rent that, after a $2,937/mo payment. Total monthly income is $3,205/mo. Return on cash invested measures 17.31% in year one, and rental yield stands at 6.41% at a $600,000 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 88.75% and total cumulative return in cash reaches $175,188. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,205/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.75 Acres lot
$N/A/sqft
No 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
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Listed by: N/A • N/A
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