5603 Derring DrBattleboroNC27809
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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 Battleboro at 5603 Derring Dr, Battleboro, NC, 27809 generates $1,352/mo in rent and, after a $734/mo payment, leaves $438/mo in cash flow. Total monthly income is $1,352/mo, and annual cash flow is $5,257/yr on $49,692 invested. Return on cash invested sits at 30.49% in year one, and rental yield is 10.82% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 159.52% and total cumulative return in cash sums $79,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,352/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27809, Battleboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,470 (70.9%) |
| Renter Occupied HU | 400 (19.3%) |
| Vacant Housing Units | 203 ( 9.8%) |
| Median Home Value | $243,030 |
| Average Home Value | $271,274 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,673
Multi-Family
0
Businesses
120
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