2507 Suffolk 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 2507 Suffolk Ave, High Point, NC, 27265 listed at $116,900 pairs $925/mo rent with a $572/mo payment to leave $213/mo cash flow. Total monthly income runs $925/mo, and annual cash flow reaches $2,553/yr on $38,752 cash to close. Return on cash invested measures 26.5% in year one, and rental yield registers 9.5% at a $116,900 basis. Equity gained on principal adds $754/yr, and annual property appreciation at 5% supports $32,297 by year five. Five-year ROI tracks 138.06% and total cumulative return in cash totals $53,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $925/mo property income relative to a $572/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.29 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: T. Kyle Swicegood • The Swicegood Group, Inc.
Mls Name: Triad MLS
Mls ID: #1186619