402 Roseboro StRoseboroNC28382
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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 Roseboro at 402 Roseboro St, Roseboro, NC, 28382 offers a 7.56% rental yield on a $279,500 purchase with $1,762/mo rent. Total monthly income registers $1,762/mo, and a $1,368/mo payment leaves $59/mo available for distribution. Annual cash flow reaches $703/yr on $92,654 to close, and return on cash invested stands at 20.67% in year one. Equity gained on principal adds $1,804/yr while 5% annual appreciation supports $77,221 over five years. Portfolio math shows five-year ROI at 106.81% and total cumulative return in cash at $98,960. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,762/mo property income against a $1,368/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28382, Roseboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,998 (100%) |
| Owner Occupied HU | 1,910 (63.7%) |
| Renter Occupied HU | 657 (21.9%) |
| Vacant Housing Units | 431 (14.4%) |
| Median Home Value | $200,510 |
| Average Home Value | $237,874 |
Housing Distribution
Address Breakdown
Residential
2,630
Single Family
2,630
Multi-Family
0
Businesses
155
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