369 S 3rd StSaint PaulsNC28384
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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 Saint Pauls at 369 S 3rd St, Saint Pauls, NC, 28384 with 5% annual appreciation on a $160,000 basis while $1,499/mo rent supports operations. Total monthly income totals $1,499/mo and a $783/mo payment preserves $524/mo for cash returns. Annual cash flow comes to $6,288/yr on $53,040 deployed, and return on cash invested reaches 31.76% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.24%. Five-year ROI measures 166.27% and total cumulative return in cash totals $88,190.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,499/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: DEE DEE BURDEN • RE/MAX CHOICE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #721916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.