414 Church StBiscoeNC27209
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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 Biscoe at 414 Church St, Biscoe, NC, 27209 uses $56,024 cash to close to unlock $3,938/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,358/mo, and a $827/mo payment keeps the spread at $328/mo. Purchase price stands at $169,000, and rental yield measures 9.64% with $1,358/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash records $78,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,358/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27209, Biscoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,668 (100%) |
| Owner Occupied HU | 1,017 (61.0%) |
| Renter Occupied HU | 452 (27.1%) |
| Vacant Housing Units | 199 (11.9%) |
| Median Home Value | $197,629 |
| Average Home Value | $235,659 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,156
Multi-Family
47
Businesses
188
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Listed by: Trisha Mabe • TNT Properties, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326042