238 Nelson StreetBethelNC27812
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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 Bethel at 238 Nelson Street, Bethel, NC, 27812 at $204,900 posts ROI 29.31% with $532/mo cash flow from $1,781/mo rent. Total monthly income equals $1,781/mo, and annual cash flow records $6,385/yr on $67,924 to close. Return on cash invested measures 29.31% and rental yield reads 10.43% at the current $204,900. Equity gained on principal adds $1,322/yr, and 5% annual appreciation supports $56,610 by year five. Five-year ROI prints 153.2% and total cumulative return in cash totals $104,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,781/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27812, Bethel, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,128 (100%) |
| Owner Occupied HU | 664 (58.9%) |
| Renter Occupied HU | 327 (29.0%) |
| Vacant Housing Units | 137 (12.1%) |
| Median Home Value | $184,868 |
| Average Home Value | $192,176 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
64
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Listed by: TRUDY GULLEY • Lee and Harrell Real Estate Professionals
Mls Name: Hive MLS
Mls ID: #100537391