430 W 9th 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
Investment property for sale in Siler City at 430 W 9th St, Siler City, NC, 27344 uses $82,875 cash to close to unlock $192/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $1,224/mo payment keeps the spread at $16/mo. Purchase price stands at $250,000, and rental yield measures 7.39% with $1,540/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 103.95% and total cumulative return in cash records $86,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.34 Acres 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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Listed by: Christie Brown • Chatham Homes Realty
Mls Name: Doorify MLS
Mls ID: #10138657