216 Chavasse AveHendersonNC27536
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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 Henderson at 216 Chavasse Ave, Henderson, NC, 27536 offers $1,122/mo rent that, after a $1,772/mo payment. Total monthly income is $1,122/mo. Return on cash invested measures 9.07% in year one, and rental yield stands at 3.72% at a $362,000 entry. Equity gained on principal adds $2,336/yr while 5% annual appreciation compounds into $100,014 by year five. Five-year ROI records 44.58% and total cumulative return in cash reaches $53,497. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,122/mo property income versus a $1,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1884
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Faye Guin • Country Knolls Realty Inc.
Mls Name: Doorify MLS
Mls ID: #10118967