404 E Purvis StreetRobersonvilleNC27871
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
Investment Highlights
Rental property for sale in Robersonville at 404 E Purvis Street, Robersonville, NC, 27871 priced at $148,500 pairs $1,163/mo rent with $258/mo cash flow after a $727/mo payment. Total monthly income equals $1,163/mo, and annual cash flow comes to $3,094/yr on $49,228 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 9.4% on a $148,500 basis. Equity gained on principal adds $958/yr, and 5% annual appreciation accumulates to $41,028 by year five. Five-year ROI measures 136.44% and total cumulative return in cash reaches $67,167. For financing, Ziffy Mortgage’s DSCR program evaluates $1,163/mo property income against a $727/mo payment instead of your W2s, 1099s, or Tax returns.
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