55 State Highway 37GatesvilleNC27938
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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
Rental property for sale in Gatesville at 55 State Highway 37, Gatesville, NC, 27938 generates $875/mo in rent and, after a $538/mo payment, leaves $205/mo in cash flow. Total monthly income is $875/mo, and annual cash flow is $2,460/yr on $36,465 invested. Return on cash invested sits at 26.66% in year one, and rental yield is 9.55% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 138.87% and total cumulative return in cash sums $50,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $875/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27938, Gatesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 360 (66.8%) |
| Renter Occupied HU | 108 (20.0%) |
| Vacant Housing Units | 71 (13.2%) |
| Median Home Value | $123,333 |
| Average Home Value | $163,667 |
Housing Distribution
Address Breakdown
Residential
475
Single Family
475
Multi-Family
0
Businesses
87
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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