223 Moore StThomasvilleNC27360
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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 Thomasville at 223 Moore St, Thomasville, NC, 27360 priced at $284,000 converts $1,994/mo rent into $263/mo cash flow after a $1,390/mo obligation. Total monthly income equals $1,994/mo, and annual cash flow totals $3,158/yr on $94,146 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 8.43% against a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation compiles into $78,464 by year five. Five-year ROI reaches 120.75% and total cumulative return in cash sums $113,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,994/mo property income covering a $1,390/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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