229 Dorothy StHigh PointNC27262
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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 High Point at 229 Dorothy St, High Point, NC, 27262 at $165,000 posts ROI 20.22% with $14/mo cash flow from $1,020/mo rent. Total monthly income equals $1,020/mo, and annual cash flow records $168/yr on $54,698 to close. Return on cash invested measures 20.22% and rental yield reads 7.42% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 104.36% and total cumulative return in cash totals $57,083.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,020/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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Listed by: Erin Rogers • Hillcrest Realty Group
Mls Name: Triad MLS
Mls ID: #1205251