338 E Dameron AveLibertyNC27298
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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 Liberty at 338 E Dameron Ave, Liberty, NC, 27298 priced at $114,500 converts $872/mo rent into $140/mo cash flow after a $560/mo obligation. Total monthly income equals $872/mo, and annual cash flow totals $1,680/yr on $37,957 invested. Return on cash invested prints 24.33% in year one, and rental yield reads 9.14% against a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation compiles into $31,634 by year five. Five-year ROI reaches 126.86% and total cumulative return in cash sums $48,152. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $872/mo property income covering a $560/mo payment, not borrower’s personal income.
Single Family
Built in 1918
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27298, Liberty, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 3,419 (71.0%) |
| Renter Occupied HU | 962 (20.0%) |
| Vacant Housing Units | 437 ( 9.1%) |
| Median Home Value | $280,287 |
| Average Home Value | $342,491 |
Housing Distribution
Address Breakdown
Residential
4,384
Single Family
4,384
Multi-Family
0
Businesses
256
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Listed by: Andrew Garner • Allen Tate-Asheboro
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1170279
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