354 Anderson StDentonNC27239
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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 Denton at 354 Anderson St, Denton, NC, 27239 uses $69,615 cash to close to unlock $576/yr annual cash flow and $48/mo monthly cash flow. Total monthly income runs $1,328/mo, and a $1,028/mo payment keeps the spread at $48/mo. Purchase price stands at $210,000, and rental yield measures 7.59% with $1,328/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 107.14% and total cumulative return in cash records $74,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,328/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1906
0.19 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: Faith Bryant • RE/MAX Central Realty
Mls Name: Triad MLS
Mls ID: #1200514