213 W Parrish DrBensonNC27504
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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
Investment property for sale in Benson at 213 W Parrish Dr, Benson, NC, 27504 offers a 10.55% rental yield on a $200,000 purchase with $1,758/mo rent. Total monthly income registers $1,758/mo, and a $979/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,468/yr on $66,300 to close, and return on cash invested stands at 29.66% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 155.02% and total cumulative return in cash at $102,776. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,758/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.27 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: Naomi Richardson • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10138252