404 E Purvis StreetRobersonvilleNC27871
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 404 E Purvis Street, Robersonville, NC, 27871 in Robersonville delivers $1,163/mo in gross rent and $258/mo in net monthly income at a $148,500 entry. The 9.4% yield and 1.74 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $41,028 over five years and $1,368/yr in equity from loan paydown, total projected return is $72,848.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $258 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,163 |
| Total Monthly Debt Service | $846 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27871, Robersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,210 (57.7%) |
| Renter Occupied HU | 542 (25.9%) |
| Vacant Housing Units | 344 (16.4%) |
| Median Home Value | $107,368 |
| Average Home Value | $165,440 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,259
Multi-Family
1
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27871, Robersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,096 (100%) |
| Owner Occupied HU | 1,210 (57.7%) |
| Renter Occupied HU | 542 (25.9%) |
| Vacant Housing Units | 344 (16.4%) |
| Median Home Value | $107,368 |
| Average Home Value | $165,440 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,259
Multi-Family
1
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elisha Faye Hardison • Sweetwater Real Estate Inc
Mls Name: Hive MLS
Mls ID: #100551319