306 Mitchell AveFranklintonNC27525
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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 Franklinton at 306 Mitchell Ave, Franklinton, NC, 27525 at $210,000 posts ROI 27.37% with $433/mo cash flow from $1,796/mo rent. Total monthly income equals $1,796/mo, and annual cash flow records $5,192/yr on $69,615 to close. Return on cash invested measures 27.37% and rental yield reads 10.26% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 143.25% and total cumulative return in cash totals $99,724.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27525, Franklinton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,436 (100%) |
| Owner Occupied HU | 6,513 (77.2%) |
| Renter Occupied HU | 1,460 (17.3%) |
| Vacant Housing Units | 463 ( 5.5%) |
| Median Home Value | $299,711 |
| Average Home Value | $319,419 |
Housing Distribution
Address Breakdown
Residential
7,989
Single Family
7,893
Multi-Family
96
Businesses
271
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Listed by: Jenifer Davis • West & Woodall Real Estate - D
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106860
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.