519 Sunrise AveAsheboroNC27203
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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 Asheboro at 519 Sunrise Ave, Asheboro, NC, 27203 uses $91,163 cash to close to unlock $4,296/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,346/mo payment keeps the spread at $358/mo. Purchase price stands at $275,000, and rental yield measures 8.88% with $2,034/mo rent. Return on cash invested shows 24.62% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 127.97% and total cumulative return in cash records $116,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27203, Asheboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,058 (100%) |
| Owner Occupied HU | 4,270 (42.5%) |
| Renter Occupied HU | 4,969 (49.4%) |
| Vacant Housing Units | 819 ( 8.1%) |
| Median Home Value | $168,026 |
| Average Home Value | $198,809 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
8,179
Multi-Family
1,334
Businesses
1,220
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Listed by: Kathryn Hurley Cook • McKenzie Real Estate of NC LLC
Mls Name: Triad MLS
Mls ID: #1204209