308 Trollinger StRandlemanNC27317
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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 Randleman at 308 Trollinger St, Randleman, NC, 27317 priced at $429,000 converts $1,403/mo rent into after a $2,100/mo obligation. Total monthly income equals $1,403/mo. Return on cash invested prints 9.68% in year one, and rental yield reads 3.92% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 47.91% and total cumulative return in cash sums $68,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,403/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2010
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27317, Randleman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,332 (69.4%) |
| Renter Occupied HU | 1,916 (24.9%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $209,336 |
| Average Home Value | $246,020 |
Housing Distribution
Address Breakdown
Residential
7,335
Single Family
7,063
Multi-Family
272
Businesses
530
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Listed by: Elizabeth York Shelton • Price Realtors-Randleman
Mls Name: Triad MLS
Mls ID: #1197966