508 & 510 Gordon StRoxboroNC27573
Nearby investment properties with comparable rents
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
Rental property for sale in Roxboro at 508 & 510 Gordon St, Roxboro, NC, 27573 generates $1,320/mo in rent, after a $2,198/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 8.49% in year one, and rental yield is 3.53% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 41.49% and total cumulative return in cash sums $61,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27573, Roxboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,372 (100%) |
| Owner Occupied HU | 2,577 (48.0%) |
| Renter Occupied HU | 2,252 (41.9%) |
| Vacant Housing Units | 543 (10.1%) |
| Median Home Value | $170,803 |
| Average Home Value | $197,586 |
Housing Distribution
Address Breakdown
Residential
4,956
Single Family
4,900
Multi-Family
56
Businesses
870
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Nearby investment properties with comparable prices
Listed by: Gay Poindexter • RE/MAX Premier Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10089559
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