231 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 231 Dorothy St, High Point, NC, 27262 uses $54,698 cash to close to unlock $168/yr annual cash flow and $14/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $808/mo payment keeps the spread at $14/mo. Purchase price stands at $165,000, and rental yield measures 7.42% with $1,020/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 104.36% and total cumulative return in cash records $57,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $808/mo payment rather than investor’s personal income.
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: #1205257