527 Smith St #A & BHigh PtNC27260
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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 High Pt at 527 Smith St #A & B, High Pt, NC, 27260 at $153,000 posts ROI 35.04% with $639/mo cash flow from $1,572/mo rent. Total monthly income equals $1,572/mo, and annual cash flow records $7,673/yr on $50,720 to close. Return on cash invested measures 35.04% and rental yield reads 12.33% at the current $153,000. Equity gained on principal adds $987/yr, and 5% annual appreciation supports $42,271 by year five. Five-year ROI prints 183.91% and total cumulative return in cash totals $93,276.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,572/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27260, High Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,115 (100%) |
| Owner Occupied HU | 3,930 (35.4%) |
| Renter Occupied HU | 6,075 (54.7%) |
| Vacant Housing Units | 1,110 ( 10.0%) |
| Median Home Value | $128,102 |
| Average Home Value | $189,263 |
Housing Distribution
Address Breakdown
Residential
10,063
Single Family
8,498
Multi-Family
1,565
Businesses
1,082
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Listed by: JAIMIE TEDDER • EXIT REALTY PREFERRED
Mls Name: LPRMLS
Mls ID: #751070