533 E Saint James StreetTarboroNC27886
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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 Tarboro at 533 E Saint James Street, Tarboro, NC, 27886 priced at $114,500 converts $918/mo rent into $221/mo cash flow after a $560/mo obligation. Total monthly income equals $918/mo, and annual cash flow totals $2,647/yr on $37,957 invested. Return on cash invested prints 26.88% in year one, and rental yield reads 9.62% against a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation compiles into $31,634 by year five. Five-year ROI reaches 140.14% and total cumulative return in cash sums $53,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $918/mo property income covering a $560/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27886, Tarboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,909 (100%) |
| Owner Occupied HU | 4,803 (53.9%) |
| Renter Occupied HU | 3,069 (34.4%) |
| Vacant Housing Units | 1,037 (11.6%) |
| Median Home Value | $135,882 |
| Average Home Value | $192,528 |
Housing Distribution
Address Breakdown
Residential
8,543
Single Family
7,969
Multi-Family
574
Businesses
783
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Listed by: Ernesta Harrell • Coldwell Banker Allied Real Es
Mls Name: Hive MLS
Mls ID: #100528291