5619 Bloomery RdBaileyNC27896
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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 Bailey at 5619 Bloomery Rd, Bailey, NC, 27896 generates $1,554/mo in rent, after a $1,468/mo payment. Total monthly income is $1,554/mo. Return on cash invested sits at 16.6% in year one, and rental yield is 6.22% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 85.03% and total cumulative return in cash sums $84,532. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,554/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27896, Wilson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,443 (100%) |
| Owner Occupied HU | 5,877 (62.2%) |
| Renter Occupied HU | 2,840 (30.1%) |
| Vacant Housing Units | 726 ( 7.7%) |
| Median Home Value | $287,749 |
| Average Home Value | $307,293 |
Housing Distribution
Address Breakdown
Residential
9,266
Single Family
8,402
Multi-Family
864
Businesses
543
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Listed by: Chuck Williamson • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10130277