303 E Pleasant StRoseboroNC28382
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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 Roseboro at 303 E Pleasant St, Roseboro, NC, 28382 with 5% annual appreciation on a $229,500 basis while $1,891/mo rent supports operations. Total monthly income totals $1,891/mo and a $1,123/mo payment preserves $493/mo for cash returns. Annual cash flow comes to $5,911/yr on $76,079 deployed, and return on cash invested reaches 27.68% in year one. Equity gained on principal adds $1,481/yr, and five-year appreciation sums $63,407 alongside rental yield of 9.89%. Five-year ROI measures 144.41% and total cumulative return in cash totals $109,866.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,891/mo property income versus a $1,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28382, Roseboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,998 (100%) |
| Owner Occupied HU | 1,910 (63.7%) |
| Renter Occupied HU | 657 (21.9%) |
| Vacant Housing Units | 431 (14.4%) |
| Median Home Value | $200,510 |
| Average Home Value | $237,874 |
Housing Distribution
Address Breakdown
Residential
2,630
Single Family
2,630
Multi-Family
0
Businesses
155
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Listed by: CASEY THORNTON • ERA STROTHER REAL ESTATE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #741593
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.