303 Godwin StSelmaNC27576
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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 Selma at 303 Godwin St, Selma, NC, 27576 with 5% annual appreciation on a $258,900 basis while $2,144/mo rent supports operations. Total monthly income totals $2,144/mo and a $1,267/mo payment preserves $566/mo for cash returns. Annual cash flow comes to $6,796/yr on $85,825 deployed, and return on cash invested reaches 27.83% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,529 alongside rental yield of 9.94%. Five-year ROI measures 145.21% and total cumulative return in cash totals $124,628.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,144/mo property income versus a $1,267/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Listed by: Kelly Tesh • Keller Williams Realty Cary
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10105840
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.