3838 Galloway CtHigh PointNC27265
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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 High Point at 3838 Galloway Ct, High Point, NC, 27265 listed at $364,900 pairs $2,396/mo rent with a $1,786/mo payment to leave $172/mo cash flow. Total monthly income runs $2,396/mo, and annual cash flow reaches $2,065/yr on $120,964 cash to close. Return on cash invested measures 21.62% in year one, and rental yield registers 7.88% at a $364,900 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,815 by year five. Five-year ROI tracks 111.9% and total cumulative return in cash totals $135,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,396/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
0.05 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: Jacqueline Nelson • Berkshire Hathaway HomeServices Yost & Little Realty
Mls Name: Triad MLS
Mls ID: #1198333