603 Hugh StGoldsboroNC27530
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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 Goldsboro at 603 Hugh St, Goldsboro, NC, 27530 priced at $115,000 converts $1,222/mo rent into $521/mo cash flow after a $563/mo obligation. Total monthly income equals $1,222/mo, and annual cash flow totals $6,252/yr on $38,123 invested. Return on cash invested prints 36.31% in year one, and rental yield reads 12.75% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 190.65% and total cumulative return in cash sums $72,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,222/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1956
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27530, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,304 (100%) |
| Owner Occupied HU | 8,691 (50.2%) |
| Renter Occupied HU | 6,048 (35.0%) |
| Vacant Housing Units | 2,565 (14.8%) |
| Median Home Value | $225,861 |
| Average Home Value | $238,658 |
Housing Distribution
Address Breakdown
Residential
16,322
Single Family
16,165
Multi-Family
157
Businesses
1,241
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Listed by: Anna Powell • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10139887