232 Mitchell Farm RoadGoldsboroNC27530
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
Investment property for sale in Goldsboro at 232 Mitchell Farm Road, Goldsboro, NC, 27530 listed at $989,900 pairs $3,176/mo rent with a $4,845/mo payment. Total monthly income runs $3,176/mo. Return on cash invested measures 9.53% in year one, and rental yield registers 3.85% at a $989,900 basis. Equity gained on principal adds $6,388/yr, and annual property appreciation at 5% supports $273,491 by year five. Five-year ROI tracks 47.05% and total cumulative return in cash totals $153,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,176/mo property income relative to a $4,845/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
5.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27530, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,304 (100%) |
| Owner Occupied HU | 8,691 (50.2%) |
| Renter Occupied HU | 6,048 (35.0%) |
| Vacant Housing Units | 2,565 (14.8%) |
| Median Home Value | $225,861 |
| Average Home Value | $238,658 |
Housing Distribution
Address Breakdown
Residential
16,322
Single Family
16,165
Multi-Family
157
Businesses
1,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas P Iuliucci • RDU Homes for You
Mls Name: Hive MLS
Mls ID: #100528056