518 Green Acres RdEnfieldNC27823
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
Investment property for sale in Enfield at 518 Green Acres Rd, Enfield, NC, 27823 at $174,900 posts ROI 26.74% with $330/mo cash flow from $1,396/mo rent. Total monthly income equals $1,396/mo, and annual cash flow records $3,961/yr on $57,979 to close. Return on cash invested measures 26.74% and rental yield reads 9.58% at the current $174,900. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 by year five. Five-year ROI prints 139.44% and total cumulative return in cash totals $80,844.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,396/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27823, Enfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 1,698 (50.4%) |
| Renter Occupied HU | 923 (27.4%) |
| Vacant Housing Units | 749 (22.2%) |
| Median Home Value | $95,455 |
| Average Home Value | $151,708 |
Housing Distribution
Address Breakdown
Residential
2,851
Single Family
2,826
Multi-Family
25
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Sam Hyde • Enfield Real Estate Center
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139520
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.