512 Paul Pope RdThomasvilleNC27360
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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
Investment property for sale in Thomasville at 512 Paul Pope Rd, Thomasville, NC, 27360 uses $125,937 cash to close to unlock $8,653/yr annual cash flow and $721/mo monthly cash flow. Total monthly income runs $3,036/mo, and a $1,859/mo payment keeps the spread at $721/mo. Purchase price stands at $379,900, and rental yield measures 9.59% with $3,036/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 139.59% and total cumulative return in cash records $175,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,036/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 2016
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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Listed by: Amber N. Honeycutt • KELLER WILLIAMS REALTY
Mls Name: Triad MLS
Mls ID: #1207745