2613 N Main StTarboroNC27886
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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 Tarboro at 2613 N Main St, Tarboro, NC, 27886 uses $74,588 cash to close to unlock $5,664/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,843/mo, and a $1,101/mo payment keeps the spread at $472/mo. Purchase price stands at $225,000, and rental yield measures 9.83% with $1,843/mo rent. Return on cash invested shows 27.5% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 143.42% and total cumulative return in cash records $106,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,843/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27886, Tarboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,909 (100%) |
| Owner Occupied HU | 4,803 (53.9%) |
| Renter Occupied HU | 3,069 (34.4%) |
| Vacant Housing Units | 1,037 (11.6%) |
| Median Home Value | $135,882 |
| Average Home Value | $192,528 |
Housing Distribution
Address Breakdown
Residential
8,543
Single Family
7,969
Multi-Family
574
Businesses
783
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