271 Meadowbrook CirNorth WilkesboroNC28651
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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
Rental property for sale in North Wilkesboro at 271 Meadowbrook Cir, North Wilkesboro, NC, 28651 priced at $399,900 pairs $1,488/mo rent with after a $1,957/mo payment. Total monthly income equals $1,488/mo. Return on cash invested is 11.32% in year one, and rental yield stands at 4.47% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 56.69% and total cumulative return in cash reaches $75,152. For financing, Ziffy Mortgage’s DSCR program evaluates $1,488/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28651, Millers Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,099 (100%) |
| Owner Occupied HU | 2,005 (64.7%) |
| Renter Occupied HU | 638 (20.6%) |
| Vacant Housing Units | 456 (14.7%) |
| Median Home Value | $227,251 |
| Average Home Value | $262,168 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,578
Multi-Family
0
Businesses
99
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Listed by: Matthew Davis • Realty One Group Results
Mls Name: Triad MLS
Mls ID: #1194956