323 Chickasaw DrReidsvilleNC27320
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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 Reidsville at 323 Chickasaw Dr, Reidsville, NC, 27320 at $489,000 posts ROI 18.93% with from $2,848/mo rent. Total monthly income equals $2,848/mo. Return on cash invested measures 18.93% and rental yield reads 6.99% at the current $489,000. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 by year five. Five-year ROI prints 97.51% and total cumulative return in cash totals $158,062. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,848/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
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Listed by: Scott Brewer • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls ID: #1195104