503 Adams StHendersonNC27536
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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 503 Adams St, Henderson, NC, 27536 priced at $199,000 pairs $2,027/mo rent with $814/mo cash flow after a $974/mo payment. Total monthly income equals $2,027/mo, and annual cash flow comes to $9,770/yr on $65,969 invested. Return on cash invested is 34.72% in year one, and rental yield stands at 12.22% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 182.19% and total cumulative return in cash reaches $120,186. For financing, Ziffy Mortgage’s DSCR program evaluates $2,027/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Saul Moyao Castillo • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10133963