2409 Timberlake AveHigh PointNC27265
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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 2409 Timberlake Ave, High Point, NC, 27265 uses $110,721 cash to close to unlock $4,598/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $2,419/mo, and a $1,635/mo payment keeps the spread at $383/mo. Purchase price stands at $334,000, and rental yield measures 8.69% with $2,419/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $92,278 over five years. Five-year ROI reaches 125.02% and total cumulative return in cash records $138,426. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,419/mo property income covering a $1,635/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Lori Teppara • Coldwell Banker Advantage
Mls Name: Triad MLS
Mls ID: #1194845