5017 Howell School RdJonesvilleNC28642
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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 Jonesville at 5017 Howell School Rd, Jonesville, NC, 28642 offers a 10.2% rental yield on a $139,000 purchase with $1,181/mo rent. Total monthly income registers $1,181/mo, and a $680/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,010/yr on $46,079 to close, and return on cash invested stands at 28.61% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 149.45% and total cumulative return in cash at $68,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,181/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28642, Jonesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,510 (100%) |
| Owner Occupied HU | 1,598 (63.7%) |
| Renter Occupied HU | 680 (27.1%) |
| Vacant Housing Units | 232 ( 9.2%) |
| Median Home Value | $153,205 |
| Average Home Value | $187,322 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,375
Multi-Family
8
Businesses
208
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Listed by: Corbin Beeson • National Land Realty, Raleigh, NC
Mls Name: My State MLS
Mls ID: #11628237