229 Wesleyan Heights RdRoxboroNC27573
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 Roxboro at 229 Wesleyan Heights Rd, Roxboro, NC, 27573 offers $1,958/mo rent that, after a $1,268/mo payment, leaves $379/mo cash flow. Total monthly income is $1,958/mo, and annual cash flow is $4,550/yr on $85,859 cash. Return on cash invested measures 25.21% in year one, and rental yield stands at 9.07% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 131.19% and total cumulative return in cash reaches $112,636. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,958/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27573, Roxboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,372 (100%) |
| Owner Occupied HU | 2,577 (48.0%) |
| Renter Occupied HU | 2,252 (41.9%) |
| Vacant Housing Units | 543 (10.1%) |
| Median Home Value | $170,803 |
| Average Home Value | $197,586 |
Housing Distribution
Address Breakdown
Residential
4,956
Single Family
4,900
Multi-Family
56
Businesses
870
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gay Poindexter • RE/MAX Premier Realty
Mls Name: Doorify MLS
Mls ID: #10142148