601 N Main StreetWintonNC27986
Nearby investment properties with comparable rents
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
Investment property for sale in Winton at 601 N Main Street, Winton, NC, 27986 at $165,000 posts ROI 21.75% with $84/mo cash flow from $1,090/mo rent. Total monthly income equals $1,090/mo, and annual cash flow records $1,008/yr on $54,698 to close. Return on cash invested measures 21.75% and rental yield reads 7.93% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 112.61% and total cumulative return in cash totals $61,595.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,090/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27986, Winton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 323 (52.1%) |
| Renter Occupied HU | 164 (26.5%) |
| Vacant Housing Units | 133 (21.5%) |
| Median Home Value | $161,436 |
| Average Home Value | $227,926 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meryl Brown • Carolina Land and Home Realty, LLC
Mls Name: NCRMLS
Mls Provider:
Mls ID: #100398229
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2024-02-16 15:12:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024 North Carolina Regional MLS LLC