602 S Main StDobsonNC27017
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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 Dobson at 602 S Main St, Dobson, NC, 27017 earns from $1,020/mo rent with a $1,444/mo payment. Total monthly income totals $1,020/mo. ROI tracks 10.36% on current figures, and rental yield reads 4.15% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 51.52% and total cumulative return in cash sums $50,378. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in 1951
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27017, Dobson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,713 (100%) |
| Owner Occupied HU | 2,490 (67.1%) |
| Renter Occupied HU | 847 (22.8%) |
| Vacant Housing Units | 376 (10.1%) |
| Median Home Value | $227,083 |
| Average Home Value | $268,938 |
Housing Distribution
Address Breakdown
Residential
3,454
Single Family
3,369
Multi-Family
85
Businesses
290
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Listed by: Susan R. Holder • Rogers Realty & Auction Co., Inc.
Mls Name: Triad MLS
Mls ID: #1202327