565 Cone Estates StRandlemanNC27317
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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 Randleman at 565 Cone Estates St, Randleman, NC, 27317 priced at $262,000 pairs $1,789/mo rent with $193/mo cash flow after a $1,282/mo payment. Total monthly income equals $1,789/mo, and annual cash flow comes to $2,311/yr on $86,853 invested. Return on cash invested is 22.57% in year one, and rental yield stands at 8.19% on a $262,000 basis. Equity gained on principal adds $1,691/yr, and 5% annual appreciation accumulates to $72,386 by year five. Five-year ROI measures 116.99% and total cumulative return in cash reaches $101,613. For financing, Ziffy Mortgage’s DSCR program evaluates $1,789/mo property income against a $1,282/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27317, Randleman, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,680 (100%) |
| Owner Occupied HU | 5,332 (69.4%) |
| Renter Occupied HU | 1,916 (24.9%) |
| Vacant Housing Units | 432 ( 5.6%) |
| Median Home Value | $209,336 |
| Average Home Value | $246,020 |
Housing Distribution
Address Breakdown
Residential
7,335
Single Family
7,063
Multi-Family
272
Businesses
530
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Listed by: Evan Cates • Price Realtors-Randleman
Mls Name: Triad MLS
Mls ID: #1206276