3980 Godwin Lake RdBensonNC27504
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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 Benson at 3980 Godwin Lake Rd, Benson, NC, 27504 offers $1,625/mo rent that, after a $1,003/mo payment, leaves $376/mo cash flow. Total monthly income is $1,625/mo, and annual cash flow is $4,512/yr on $67,958 cash. Return on cash invested measures 26.55% in year one, and rental yield stands at 9.51% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 138.32% and total cumulative return in cash reaches $94,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,625/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27504, Benson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,748 (100%) |
| Owner Occupied HU | 6,119 (69.9%) |
| Renter Occupied HU | 1,924 (22.0%) |
| Vacant Housing Units | 705 ( 8.1%) |
| Median Home Value | $264,067 |
| Average Home Value | $305,612 |
Housing Distribution
Address Breakdown
Residential
7,929
Single Family
7,749
Multi-Family
180
Businesses
621
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Listed by: Lisa Marie Zavala • Mercado Advance Realty Inc
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10113582
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.