222 S Edgewood RdEdenNC27288
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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 Eden at 222 S Edgewood Rd, Eden, NC, 27288 with 5% annual appreciation on a $229,000 basis while $1,620/mo rent supports operations. Total monthly income totals $1,620/mo and a $1,121/mo payment preserves $224/mo for cash returns. Annual cash flow comes to $2,690/yr on $75,914 deployed, and return on cash invested reaches 23.45% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 8.49%. Five-year ROI measures 121.77% and total cumulative return in cash totals $92,441.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1914
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27288, Eden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,875 (100%) |
| Owner Occupied HU | 6,513 (54.8%) |
| Renter Occupied HU | 3,985 (33.6%) |
| Vacant Housing Units | 1,377 (11.6%) |
| Median Home Value | $146,940 |
| Average Home Value | $188,054 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,166
Multi-Family
601
Businesses
714
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Listed by: Mary Beth Powell • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1201129