425 Tate StHigh PointNC27260
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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 High Point at 425 Tate St, High Point, NC, 27260 at $110,000 posts ROI 26.06% with $187/mo cash flow from $857/mo rent. Total monthly income equals $857/mo, and annual cash flow records $2,244/yr on $36,465 to close. Return on cash invested measures 26.06% and rental yield reads 9.35% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 135.68% and total cumulative return in cash totals $49,476.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $857/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1914
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
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Listed by: Toby Russell • NorthGroup Real Estate
Mls Name: Triad MLS
Mls ID: #1190368