421 W Beasley StAsheboroNC27203
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
Investment Highlights
Investment property for sale in Asheboro at 421 W Beasley St, Asheboro, NC, 27203 at $997,000 posts ROI 6.37% with from $2,334/mo rent. Total monthly income equals $2,334/mo. Return on cash invested measures 6.37% and rental yield reads 2.81% at the current $997,000. Equity gained on principal adds $6,433/yr, and 5% annual appreciation supports $275,453 by year five. Five-year ROI prints 30.07% and total cumulative return in cash totals $98,650. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,334/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
58.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27203, Asheboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,058 (100%) |
| Owner Occupied HU | 4,270 (42.5%) |
| Renter Occupied HU | 4,969 (49.4%) |
| Vacant Housing Units | 819 ( 8.1%) |
| Median Home Value | $168,026 |
| Average Home Value | $198,809 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
8,179
Multi-Family
1,334
Businesses
1,220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rass Bagley, III • RE/MAX Central Realty
Mls Name: Triad MLS
Mls ID: #1203716