235 Brooklin StreetWilkesboroNC28697
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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 Wilkesboro at 235 Brooklin Street, Wilkesboro, NC, 28697 offers $2,688/mo rent that, after a $2,055/mo payment, leaves $129/mo cash flow. Total monthly income is $2,688/mo, and annual cash flow is $1,549/yr on $139,197 cash. Return on cash invested measures 21.02% in year one, and rental yield stands at 7.68% at a $419,900 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,011 by year five. Five-year ROI records 108.71% and total cumulative return in cash reaches $151,320. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,688/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28697, Wilkesboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,037 (100%) |
| Owner Occupied HU | 3,811 (63.1%) |
| Renter Occupied HU | 1,587 (26.3%) |
| Vacant Housing Units | 639 (10.6%) |
| Median Home Value | $249,953 |
| Average Home Value | $280,346 |
Housing Distribution
Address Breakdown
Residential
5,634
Single Family
5,365
Multi-Family
269
Businesses
693
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Listed by: Mandy Pennell • Keller Williams High Country
Mls Name: High Country AOR
Mls ID: #256089