603 S 3rd StMebaneNC27302
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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 Mebane at 603 S 3rd St, Mebane, NC, 27302 offers a 7.6% rental yield on a $189,000 purchase with $1,197/mo rent. Total monthly income registers $1,197/mo, and a $925/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $542/yr on $62,654 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 107.43% and total cumulative return in cash at $67,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,197/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Julian Jahoo • LPT Realty, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10103088
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.