303 Rainey StGibsonvilleNC27249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gibsonville at 303 Rainey St, Gibsonville, NC, 27249 at $405,000 posts ROI 21.43% with $170/mo cash flow from $2,638/mo rent. Total monthly income equals $2,638/mo, and annual cash flow records $2,040/yr on $134,258 to close. Return on cash invested measures 21.43% and rental yield reads 7.82% at the current $405,000. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 by year five. Five-year ROI prints 110.85% and total cumulative return in cash totals $148,826.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,638/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Nearby investment properties with comparable prices
Listed by: Johnna Wood • Elevation Realty
Mls Name: Triad MLS
Mls ID: #1204228