260 E Elm StRobbinsNC27325
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 Robbins at 260 E Elm St, Robbins, NC, 27325 priced at $164,900 pairs $1,574/mo rent with $569/mo cash flow after a $807/mo payment. Total monthly income equals $1,574/mo, and annual cash flow comes to $6,829/yr on $54,664 invested. Return on cash invested is 32.4% in year one, and rental yield stands at 11.45% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 169.79% and total cumulative return in cash reaches $92,812. For financing, Ziffy Mortgage’s DSCR program evaluates $1,574/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27325, Robbins, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,012 (100%) |
| Owner Occupied HU | 1,957 (65.0%) |
| Renter Occupied HU | 548 (18.2%) |
| Vacant Housing Units | 507 (16.8%) |
| Median Home Value | $165,042 |
| Average Home Value | $251,787 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
2,068
Multi-Family
0
Businesses
133
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Listed by: Pam Kitto • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10141628