405 Westchester DrHigh PointNC27262
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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 405 Westchester Dr, High Point, NC, 27262 listed at $245,000 pairs $1,682/mo rent with a $1,199/mo payment to leave $189/mo cash flow. Total monthly income runs $1,682/mo, and annual cash flow reaches $2,268/yr on $81,218 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 8.24% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 117.68% and total cumulative return in cash totals $95,580. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,682/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27262, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,134 (100%) |
| Owner Occupied HU | 5,397 (53.3%) |
| Renter Occupied HU | 3,828 (37.8%) |
| Vacant Housing Units | 909 ( 9.0%) |
| Median Home Value | $276,199 |
| Average Home Value | $321,726 |
Housing Distribution
Address Breakdown
Residential
9,710
Single Family
8,071
Multi-Family
1,639
Businesses
1,481
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Listed by: Lenora Blalock • Keller Williams Realty
Mls Name: Triad MLS
Mls ID: #1205163