400 N Wyrick StGibsonvilleNC27249
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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 Gibsonville at 400 N Wyrick St, Gibsonville, NC, 27249 priced at $240,000 pairs $1,885/mo rent with $422/mo cash flow after a $1,175/mo payment. Total monthly income equals $1,885/mo, and annual cash flow comes to $5,064/yr on $79,560 invested. Return on cash invested is 26.27% in year one, and rental yield stands at 9.43% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 136.84% and total cumulative return in cash reaches $108,866. For financing, Ziffy Mortgage’s DSCR program evaluates $1,885/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27249, Gibsonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,169 (100%) |
| Owner Occupied HU | 4,659 (75.5%) |
| Renter Occupied HU | 1,163 (18.9%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $301,072 |
| Average Home Value | $313,310 |
Housing Distribution
Address Breakdown
Residential
5,931
Single Family
5,931
Multi-Family
0
Businesses
239
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Listed by: James W. Jordan • Jason Mitchell Real Estate
Mls Name: Triad MLS
Mls ID: #1186991