410 High StNorlinaNC27563
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Norlina rental at 410 High St, Norlina, NC, 27563 sits in the solid-income band: 8.82% gross yield, $1,249/mo rent, $214/mo net after the $764/mo debt service, DSCR 1.63. Entry price of $169,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $46,940 and $1,565/yr in principal reduction bring total cumulative return to $78,147.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $214 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,249 |
| Total Monthly Debt Service | $968 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1901
4.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27563, Norlina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,223 (55.1%) |
| Renter Occupied HU | 675 (30.4%) |
| Vacant Housing Units | 322 (14.5%) |
| Median Home Value | $121,843 |
| Average Home Value | $163,295 |
Housing Distribution
Address Breakdown
Residential
1,617
Single Family
1,617
Multi-Family
0
Businesses
105
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
Single Family
Built in 1901
4.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27563, Norlina, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,220 (100%) |
| Owner Occupied HU | 1,223 (55.1%) |
| Renter Occupied HU | 675 (30.4%) |
| Vacant Housing Units | 322 (14.5%) |
| Median Home Value | $121,843 |
| Average Home Value | $163,295 |
Housing Distribution
Address Breakdown
Residential
1,617
Single Family
1,617
Multi-Family
0
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruxton Bobbitt • Coldwell Banker Advantage Hend
Mls Name: Doorify MLS
Mls ID: #10103070