39 Elm StBadinNC28009
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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
Rental property for sale in Badin at 39 Elm St, Badin, NC, 28009 priced at $315,000 pairs $1,870/mo rent with after a $1,542/mo payment. Total monthly income equals $1,870/mo. Return on cash invested is 19.33% in year one, and rental yield stands at 7.12% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 99.62% and total cumulative return in cash reaches $104,021. For financing, Ziffy Mortgage’s DSCR program evaluates $1,870/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28009, Badin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 235 (60.6%) |
| Renter Occupied HU | 106 (27.3%) |
| Vacant Housing Units | 47 (12.1%) |
| Median Home Value | $185,417 |
| Average Home Value | $193,128 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
44
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Listed by: Allie Clodfelter • Divine Real Estate Boutique, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305969