381 James CtHigh PointNC27265
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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 High Point at 381 James Ct, High Point, NC, 27265 priced at $165,000 pairs $1,247/mo rent with $241/mo cash flow after a $808/mo payment. Total monthly income equals $1,247/mo, and annual cash flow comes to $2,892/yr on $54,698 invested. Return on cash invested is 25.2% in year one, and rental yield stands at 9.07% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 131.08% and total cumulative return in cash reaches $71,699. For financing, Ziffy Mortgage’s DSCR program evaluates $1,247/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1986
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27265, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,616 (100%) |
| Owner Occupied HU | 15,221 (64.5%) |
| Renter Occupied HU | 7,307 (30.9%) |
| Vacant Housing Units | 1,088 ( 4.6%) |
| Median Home Value | $292,719 |
| Average Home Value | $335,854 |
Housing Distribution
Address Breakdown
Residential
23,126
Single Family
17,854
Multi-Family
5,272
Businesses
1,039
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Listed by: Rick Hendricks • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1205840