215 Lala DrReidsvilleNC27320
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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 Reidsville at 215 Lala Dr, Reidsville, NC, 27320 with 5% annual appreciation on a $276,500 basis while $2,269/mo rent supports operations. Total monthly income totals $2,269/mo and a $1,353/mo payment preserves $584/mo for cash returns. Annual cash flow comes to $7,010/yr on $91,660 deployed, and return on cash invested reaches 27.56% in year one. Equity gained on principal adds $1,784/yr, and five-year appreciation sums $76,392 alongside rental yield of 9.85%. Five-year ROI measures 143.78% and total cumulative return in cash totals $131,786.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,269/mo property income versus a $1,353/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
2.15 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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