310 Chicopee RdBensonNC27504
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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 Benson at 310 Chicopee Rd, Benson, NC, 27504 priced at $229,900 pairs $1,631/mo rent with $230/mo cash flow after a $1,125/mo payment. Total monthly income equals $1,631/mo, and annual cash flow comes to $2,761/yr on $76,212 invested. Return on cash invested is 23.53% in year one, and rental yield stands at 8.51% on a $229,900 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,517 by year five. Five-year ROI measures 122.2% and total cumulative return in cash reaches $93,131. For financing, Ziffy Mortgage’s DSCR program evaluates $1,631/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
0.43 Acres 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: Beth Hines • RE/MAX SOUTHLAND REALTY II
Mls Name: Doorify MLS
Mls ID: #10137442