311 Balsam PlaceGoldsboroNC27534
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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 Goldsboro at 311 Balsam Place, Goldsboro, NC, 27534 with 5% annual appreciation on a $289,900 basis while $1,967/mo rent supports operations. Total monthly income totals $1,967/mo and a $1,419/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,401/yr on $96,102 deployed, and return on cash invested reaches 22.41% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 8.14%. Five-year ROI measures 116.16% and total cumulative return in cash totals $111,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,967/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27534, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,830 (100%) |
| Owner Occupied HU | 7,559 (51.0%) |
| Renter Occupied HU | 5,745 (38.7%) |
| Vacant Housing Units | 1,526 (10.3%) |
| Median Home Value | $234,896 |
| Average Home Value | $255,865 |
Housing Distribution
Address Breakdown
Residential
15,246
Single Family
13,036
Multi-Family
2,210
Businesses
1,207
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Listed by: Riley Wilkins • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100542815