218 N Robinson DrMaconNC27551
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Macon at 218 N Robinson Dr, Macon, NC, 27551 priced at $1,895,000 pairs $4,187/mo rent with after a $9,275/mo payment. Total monthly income equals $4,187/mo. Return on cash invested is 5.98% in year one, and rental yield stands at 2.65% on a $1,895,000 basis. Equity gained on principal adds $12,228/yr, and 5% annual appreciation accumulates to $523,554 by year five. Five-year ROI measures 27.92% and total cumulative return in cash reaches $171,449. For financing, Ziffy Mortgage’s DSCR program evaluates $4,187/mo property income against a $9,275/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27551, Macon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 903 (48.0%) |
| Renter Occupied HU | 173 ( 9.2%) |
| Vacant Housing Units | 805 (42.8%) |
| Median Home Value | $409,574 |
| Average Home Value | $431,977 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
41
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Listed by: Michael Gupton • Coldwell Banker Advantage-Littleton
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139306
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.