2587 State Highway 8 NDanburyNC27016
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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 Danbury at 2587 State Highway 8 N, Danbury, NC, 27016 listed at $369,000 pairs $1,866/mo rent with a $1,806/mo payment. Total monthly income runs $1,866/mo. Return on cash invested measures 16.15% in year one, and rental yield registers 6.07% at a $369,000 basis. Equity gained on principal adds $2,381/yr, and annual property appreciation at 5% supports $101,948 by year five. Five-year ROI tracks 82.6% and total cumulative return in cash totals $101,043. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,866/mo property income relative to a $1,806/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
3.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27016, Danbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 879 (100%) |
| Owner Occupied HU | 628 (71.4%) |
| Renter Occupied HU | 129 (14.7%) |
| Vacant Housing Units | 122 (13.9%) |
| Median Home Value | $201,266 |
| Average Home Value | $211,979 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
84
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Listed by: Sherry Whitt • Sherry Whitt Properties
Mls Name: Triad MLS
Mls ID: #1194479