405 S West 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
Rental property for sale in Roseboro at 405 S West St, Roseboro, NC, 28382 priced at $184,900 pairs $1,330/mo rent with $203/mo cash flow after a $905/mo payment. Total monthly income equals $1,330/mo, and annual cash flow comes to $2,437/yr on $61,294 invested. Return on cash invested is 23.89% in year one, and rental yield stands at 8.63% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 124.13% and total cumulative return in cash reaches $76,087. For financing, Ziffy Mortgage’s DSCR program evaluates $1,330/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.52 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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Listed by: FANNY VERA • RE/MAX CHOICE
Mls Name: LPRMLS
Mls ID: #751213