388 Back Creek Rd, Asheboro, NC, 27205 | 7.31% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Asheboro at 388 Back Creek Rd, Asheboro, NC, 27205 generates $1,889/mo in rent, after a $1,517/mo payment. Total monthly income is $1,889/mo. Return on cash invested sits at 19.91% in year one, and rental yield is 7.31% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 102.71% and total cumulative return in cash sums $105,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,889/mo property income rather than buyer’s personal income.

Single Family

Built in 1999

1.53 Acres lot

$N/A/sqft

No HOA