3630 Ellisboro RdReidsvilleNC27357
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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 3630 Ellisboro Rd, Reidsville, NC, 27357 uses $76,908 cash to close to unlock $3,067/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,670/mo, and a $1,136/mo payment keeps the spread at $256/mo. Purchase price stands at $232,000, and rental yield measures 8.64% with $1,670/mo rent. Return on cash invested shows 23.9% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 124.12% and total cumulative return in cash records $95,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,670/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
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Listed by: Lisa Allen • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1204484