303 W Parrish DrBensonNC27504
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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 Benson at 303 W Parrish Dr, Benson, NC, 27504 with 5% annual appreciation on a $250,000 basis while $1,766/mo rent supports operations. Total monthly income totals $1,766/mo and a $1,224/mo payment preserves $242/mo for cash returns. Annual cash flow comes to $2,904/yr on $82,875 deployed, and return on cash invested reaches 23.41% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.48%. Five-year ROI measures 121.51% and total cumulative return in cash totals $100,702.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,766/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27504, Benson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,748 (100%) |
| Owner Occupied HU | 6,119 (69.9%) |
| Renter Occupied HU | 1,924 (22.0%) |
| Vacant Housing Units | 705 ( 8.1%) |
| Median Home Value | $264,067 |
| Average Home Value | $305,612 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
7,749
Multi-Family
180
Businesses
621
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Listed by: Don Gomez • C-A-RE Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10121488
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.