601 W Anderson StSelmaNC27576
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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
Investment property for sale in Selma at 601 W Anderson St, Selma, NC, 27576 with 5% annual appreciation on a $346,900 basis while $1,234/mo rent supports operations. 72% in year one. Equity gained on principal adds $2,238/yr, and five-year appreciation sums $95,842 alongside rental yield of 4.27%. Five-year ROI measures 53.46% and total cumulative return in cash totals $61,477. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,234/mo property income versus a $1,698/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Listed by: Eva Dawn Pearce • Parrish Realty Company of Zebu
Mls Name: Doorify MLS
Mls ID: #10120944