450 S Stratford DrHendersonNC27537
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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 Henderson at 450 S Stratford Dr, Henderson, NC, 27537 priced at $352,500 converts $2,558/mo rent into $410/mo cash flow after a $1,725/mo obligation. Total monthly income equals $2,558/mo, and annual cash flow totals $4,920/yr on $116,854 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 8.71% against a $352,500 entry. Equity gained on principal adds $2,275/yr, while 5% annual appreciation compiles into $97,389 by year five. Five-year ROI reaches 125.28% and total cumulative return in cash sums $146,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,558/mo property income covering a $1,725/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Stephanie C Hoyle • Country Knolls Realty Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093225
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.