409 E 10th StSiler CityNC27344
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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 Siler City at 409 E 10th St, Siler City, NC, 27344 generates $1,678/mo in rent and, after a $1,088/mo payment, leaves $323/mo in cash flow. Total monthly income is $1,678/mo, and annual cash flow is $3,880/yr on $73,659 invested. Return on cash invested sits at 25.18% in year one, and rental yield is 9.06% on a $222,200 entry. Equity gained on principal adds $1,434/yr, while 5% annual appreciation builds toward $61,390 over five years. Five-year ROI reaches 131.02% and total cumulative return in cash sums $96,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,678/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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