403 E Henderson StEast SpencerNC28039
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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 East Spencer at 403 E Henderson St, East Spencer, NC, 28039 offers a 0% rental yield on a $255,000 purchase with $0/mo rent. 15% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28039, East Spencer, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
148
Single Family
1
Multi-Family
0
Businesses
18
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No similar rental properties found nearby.
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Listed by: Shelly Jones • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307598