2504 Bailey RdWilliamstonNC27892
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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 Williamston at 2504 Bailey Rd, Williamston, NC, 27892 generates $1,407/mo in rent and, after a $905/mo payment, leaves $280/mo in cash flow. Total monthly income is $1,407/mo, and annual cash flow is $3,361/yr on $61,294 invested. Return on cash invested sits at 25.39% in year one, and rental yield is 9.13% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 132.2% and total cumulative return in cash sums $81,031. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,407/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27892, Williamston, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,750 (100%) |
| Owner Occupied HU | 3,902 (57.8%) |
| Renter Occupied HU | 1,985 (29.4%) |
| Vacant Housing Units | 863 (12.8%) |
| Median Home Value | $157,970 |
| Average Home Value | $182,203 |
Housing Distribution
Address Breakdown
Residential
6,298
Single Family
6,259
Multi-Family
39
Businesses
658
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Listed by: Alyssa Jordan • Movil Realty
Mls Name: Doorify MLS
Mls ID: #10139111