215 N Elm StChadbournNC28431
Nearby investment properties with comparable rents
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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 Chadbourn at 215 N Elm St, Chadbourn, NC, 28431 at $229,500 posts ROI 28.04% with $516/mo cash flow from $1,914/mo rent. Total monthly income equals $1,914/mo, and annual cash flow records $6,187/yr on $76,079 to close. Return on cash invested measures 28.04% and rental yield reads 10.01% at the current $229,500. Equity gained on principal adds $1,481/yr, and 5% annual appreciation supports $63,407 by year five. Five-year ROI prints 146.33% and total cumulative return in cash totals $111,330.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,914/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28431, Chadbourn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,827 (61.2%) |
| Renter Occupied HU | 801 (26.9%) |
| Vacant Housing Units | 355 (11.9%) |
| Median Home Value | $146,875 |
| Average Home Value | $180,572 |
Housing Distribution
Address Breakdown
Residential
3,010
Single Family
2,918
Multi-Family
92
Businesses
216
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Nearby investment properties with comparable prices
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