402 Walnut StHigh PointNC27260
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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 High Point at 402 Walnut St, High Point, NC, 27260 with 5% annual appreciation on a $245,000 basis while $1,889/mo rent supports operations. Total monthly income totals $1,889/mo and a $1,199/mo payment preserves $396/mo for cash returns. Annual cash flow comes to $4,752/yr on $81,218 deployed, and return on cash invested reaches 25.76% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 9.25%. Five-year ROI measures 134.08% and total cumulative return in cash totals $108,900.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,889/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
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Listed by: Rebeca de Jesus Bacilio • Real Broker LLC
Mls Name: Triad MLS
Mls ID: #1201285