4305 Belcher StreetFarmvilleNC27828
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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
Rental property for sale in Farmville at 4305 Belcher Street, Farmville, NC, 27828 generates $1,743/mo in rent and, after a $881/mo payment, leaves $646/mo in cash flow. Total monthly income is $1,743/mo, and annual cash flow is $7,753/yr on $59,637 invested. Return on cash invested sits at 32.91% in year one, and rental yield is 11.63% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 172.5% and total cumulative return in cash sums $102,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,743/mo property income rather than buyer’s personal income.
Single Family
Built in 1921
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27828, Farmville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,133 (55.2%) |
| Renter Occupied HU | 1,215 (31.4%) |
| Vacant Housing Units | 517 (13.4%) |
| Median Home Value | $219,294 |
| Average Home Value | $249,511 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,699
Multi-Family
76
Businesses
362
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Listed by: Stephanie Whichard • TYRE REALTY GROUP INC.
Mls Name: Hive MLS
Mls ID: #100545534