302 Alison LnArchdaleNC27263
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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 Archdale at 302 Alison Ln, Archdale, NC, 27263 offers $2,105/mo rent that, after a $1,713/mo payment. Total monthly income is $2,105/mo. Return on cash invested measures 19.62% in year one, and rental yield stands at 7.22% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 101.22% and total cumulative return in cash reaches $117,402. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,105/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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Listed by: Mitchell Mullis • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1204670