356 Eastside DrDentonNC27239
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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 356 Eastside Dr, Denton, NC, 27239 earns $727/mo cash flow from $1,945/mo rent with a $978/mo payment. Total monthly income totals $1,945/mo, and annual cash flow totals $8,725/yr on $66,267 capital. ROI tracks 33.08% on current figures, and rental yield reads 11.68% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 173.39% and total cumulative return in cash sums $114,901. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,945/mo property income instead of your personal income.
Single Family
Built in 1957
0.68 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: Myra Mckeon • Costello Real Estate and Investments LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316372