3820 Fuller Mill Rd NThomasvilleNC27360
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
Investment property for sale in Thomasville at 3820 Fuller Mill Rd N, Thomasville, NC, 27360 with 5% annual appreciation on a $160,000 basis while $1,213/mo rent supports operations. Total monthly income totals $1,213/mo and a $783/mo payment preserves $238/mo for cash returns. Annual cash flow comes to $2,856/yr on $53,040 deployed, and return on cash invested reaches 25.29% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.1%. Five-year ROI measures 131.56% and total cumulative return in cash totals $69,782.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,213/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emerson Jerry King • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11410426