358 Thomasville RdANSONVILLENC28007
Nearby investment properties with comparable rents
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
Rental property for sale in ANSONVILLE at 358 Thomasville Rd, ANSONVILLE, NC, 28007 offers $1,417/mo rent that, after a $832/mo payment, leaves $381/mo cash flow. Total monthly income is $1,417/mo, and annual cash flow is $4,573/yr on $56,322 cash. Return on cash invested measures 28.03% in year one, and rental yield stands at 10.01% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 146.35% and total cumulative return in cash reaches $82,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,417/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28007, Ansonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 116 (100%) |
| Owner Occupied HU | 79 (68.1%) |
| Renter Occupied HU | 25 (21.6%) |
| Vacant Housing Units | 12 (10.3%) |
| Median Home Value | $175,595 |
| Average Home Value | $149,747 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: Caty Edwards • Plank Road Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307433