304 E Green StMacclesfieldNC27852
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 304 E Green St, Macclesfield, NC, 27852 in Macclesfield is narrow, $187/mo net on $1,466/mo rent after the $944/mo debt service, but the property operates at break-even-plus, not a loss. At $209,900 with a 8.38% yield, the long-run equity case via 5% appreciation ($57,992 over five years) and $1,933/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.55 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $91,546.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $187 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,466 |
| Total Monthly Debt Service | $1,196 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27852, Macclesfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,318 (100%) |
| Owner Occupied HU | 835 (63.4%) |
| Renter Occupied HU | 308 (23.4%) |
| Vacant Housing Units | 175 (13.3%) |
| Median Home Value | $143,470 |
| Average Home Value | $193,015 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
42
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
Townhouse
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27852, Macclesfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,318 (100%) |
| Owner Occupied HU | 835 (63.4%) |
| Renter Occupied HU | 308 (23.4%) |
| Vacant Housing Units | 175 (13.3%) |
| Median Home Value | $143,470 |
| Average Home Value | $193,015 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Doorify MLS
Mls ID: #10143260