316 W Main StreetJeffersonNC28640
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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 Jefferson at 316 W Main Street, Jefferson, NC, 28640 offers $2,280/mo rent that, after a $1,664/mo payment, leaves $208/mo cash flow. Total monthly income is $2,280/mo, and annual cash flow is $2,497/yr on $112,677 cash. Return on cash invested measures 22.13% in year one, and rental yield stands at 8.05% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 114.63% and total cumulative return in cash reaches $129,167. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28640, Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 1,466 (52.5%) |
| Renter Occupied HU | 628 (22.5%) |
| Vacant Housing Units | 701 (25.1%) |
| Median Home Value | $288,000 |
| Average Home Value | $335,638 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,052
Multi-Family
153
Businesses
262
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Listed by: Chris Barr • Realty One Group Results
Mls Name: High Country AOR
Mls ID: #259776