320 Forest Park DrDentonNC27239
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Nearby investment properties with comparable prices
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 Denton at 320 Forest Park Dr, Denton, NC, 27239 earns from $930/mo rent with a $1,566/mo payment. Total monthly income totals $930/mo. ROI tracks 8.37% on current figures, and rental yield reads 3.49% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 40.87% and total cumulative return in cash sums $43,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $930/mo property income instead of your personal income.
Single Family
Built in 1966
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27239, Denton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,652 (100%) |
| Owner Occupied HU | 3,184 (68.4%) |
| Renter Occupied HU | 816 (17.5%) |
| Vacant Housing Units | 652 (14.0%) |
| Median Home Value | $262,403 |
| Average Home Value | $296,171 |
Housing Distribution
Address Breakdown
Residential
3,835
Single Family
3,835
Multi-Family
0
Businesses
294
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Listed by: Scott Morris • Uwharrie Real Estate
Mls Name: Triad MLS
Mls ID: #1191174