210 Sharon AveAsheboroNC27203
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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 Asheboro at 210 Sharon Ave, Asheboro, NC, 27203 priced at $185,000 pairs $1,234/mo rent with $107/mo cash flow after a $905/mo payment. Total monthly income equals $1,234/mo, and annual cash flow comes to $1,284/yr on $61,328 invested. Return on cash invested is 22% in year one, and rental yield stands at 8% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 113.92% and total cumulative return in cash reaches $69,867. For financing, Ziffy Mortgage’s DSCR program evaluates $1,234/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27203, Asheboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,058 (100%) |
| Owner Occupied HU | 4,270 (42.5%) |
| Renter Occupied HU | 4,969 (49.4%) |
| Vacant Housing Units | 819 ( 8.1%) |
| Median Home Value | $168,026 |
| Average Home Value | $198,809 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
8,179
Multi-Family
1,334
Businesses
1,220
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Listed by: Cesar Sanchez • United Realty Group Inc
Mls Name: Triad MLS
Mls ID: #1205022