217 N Marion DrGoldsboroNC27534
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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 Goldsboro at 217 N Marion Dr, Goldsboro, NC, 27534 with 5% annual appreciation on a $448,500 basis while $3,266/mo rent supports operations. Total monthly income totals $3,266/mo and a $2,195/mo payment preserves $462/mo for cash returns. Annual cash flow comes to $5,544/yr on $148,678 deployed, and return on cash invested reaches 23.64% in year one. Equity gained on principal adds $2,894/yr, and five-year appreciation sums $123,912 alongside rental yield of 8.74%. Five-year ROI measures 122.91% and total cumulative return in cash totals $182,739.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,266/mo property income versus a $2,195/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
0.35 Acres lot
$N/A/sqft
$240 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27534, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,830 (100%) |
| Owner Occupied HU | 7,559 (51.0%) |
| Renter Occupied HU | 5,745 (38.7%) |
| Vacant Housing Units | 1,526 (10.3%) |
| Median Home Value | $234,896 |
| Average Home Value | $255,865 |
Housing Distribution
Address Breakdown
Residential
15,246
Single Family
13,036
Multi-Family
2,210
Businesses
1,207
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Listed by: APRIL SMITH • ERA STROTHER REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #736843
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.