2369 Price RdEdenNC27288
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 Eden at 2369 Price Rd, Eden, NC, 27288 uses $46,377 cash to close to unlock $6,373/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,384/mo, and a $685/mo payment keeps the spread at $531/mo. Purchase price stands at $139,900, and rental yield measures 11.87% with $1,384/mo rent. Return on cash invested shows 33.65% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 176.5% and total cumulative return in cash records $81,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,384/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27288, Eden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,875 (100%) |
| Owner Occupied HU | 6,513 (54.8%) |
| Renter Occupied HU | 3,985 (33.6%) |
| Vacant Housing Units | 1,377 (11.6%) |
| Median Home Value | $146,940 |
| Average Home Value | $188,054 |
Housing Distribution
Address Breakdown
Residential
10,767
Single Family
10,166
Multi-Family
601
Businesses
714
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Listed by: Kim Martin • Century 21 Total Real Estate Solutions, LLC
Mls Name: Triad MLS
Mls ID: #1191029