407 Brownell StWeldonNC27890
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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 Weldon at 407 Brownell St, Weldon, NC, 27890 priced at $115,000 pairs $879/mo rent with $178/mo cash flow after a $563/mo payment. Total monthly income equals $879/mo, and annual cash flow comes to $2,136/yr on $38,123 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9.17% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 132.8% and total cumulative return in cash reaches $50,625. For financing, Ziffy Mortgage’s DSCR program evaluates $879/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27890, Weldon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 468 (44.6%) |
| Renter Occupied HU | 355 (33.8%) |
| Vacant Housing Units | 227 (21.6%) |
| Median Home Value | $154,487 |
| Average Home Value | $175,395 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
875
Multi-Family
24
Businesses
157
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Nearby investment properties with comparable prices
Listed by: Emerson Jerry King • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11605539