303 Commonsgate DrGoldsboroNC27530
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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 Goldsboro at 303 Commonsgate Dr, Goldsboro, NC, 27530 priced at $289,900 converts $1,771/mo rent into $4/mo cash flow after a $1,419/mo obligation. Total monthly income equals $1,771/mo, and annual cash flow totals $49/yr on $96,102 invested. Return on cash invested prints 19.96% in year one, and rental yield reads 7.33% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 103.04% and total cumulative return in cash sums $99,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,771/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Townhouse
Built in 2003
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27530, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,304 (100%) |
| Owner Occupied HU | 8,691 (50.2%) |
| Renter Occupied HU | 6,048 (35.0%) |
| Vacant Housing Units | 2,565 (14.8%) |
| Median Home Value | $225,861 |
| Average Home Value | $238,658 |
Housing Distribution
Address Breakdown
Residential
16,322
Single Family
16,165
Multi-Family
157
Businesses
1,241
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Listed by: Eva Dawn Pearce • Parrish Realty Company of Zebu
Mls Name: Doorify MLS
Mls ID: #10125793