2505 Banner Whitehead RdSophiaNC27350
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
Rental property for sale in Sophia at 2505 Banner Whitehead Rd, Sophia, NC, 27350 offers $1,384/mo rent that, after a $1,512/mo payment. Total monthly income is $1,384/mo. Return on cash invested measures 14.07% in year one, and rental yield stands at 5.37% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 71.41% and total cumulative return in cash reaches $73,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,384/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27350, Sophia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,264 (78.0%) |
| Renter Occupied HU | 500 (17.2%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $223,946 |
| Average Home Value | $269,874 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,668
Multi-Family
62
Businesses
85
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Listed by: Brenda D. Jackman • Lindsay Residential Properties
Mls Name: Triad MLS
Mls ID: #1201155