305 Alison LnArchdaleNC27263
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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
Rental property for sale in Archdale at 305 Alison Ln, Archdale, NC, 27263 generates $2,368/mo in rent and, after a $1,810/mo payment, leaves $114/mo in cash flow. Total monthly income is $2,368/mo, and annual cash flow is $1,369/yr on $122,622 invested. Return on cash invested sits at 21.03% in year one, and rental yield is 7.68% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash sums $133,330. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,368/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27263, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,638 (100%) |
| Owner Occupied HU | 6,092 (63.2%) |
| Renter Occupied HU | 3,035 (31.5%) |
| Vacant Housing Units | 511 ( 5.3%) |
| Median Home Value | $234,242 |
| Average Home Value | $264,047 |
Housing Distribution
Address Breakdown
Residential
9,313
Single Family
8,529
Multi-Family
784
Businesses
1,382
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Listed by: Michael McDaniel • Redfin Corporation
Mls Name: Triad MLS
Mls ID: #1202570