610 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
Investment property for sale in Goldsboro at 610 Hugh St, Goldsboro, NC, 27530 uses $38,123 cash to close to unlock $6,096/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,209/mo, and a $563/mo payment keeps the spread at $508/mo. Purchase price stands at $115,000, and rental yield measures 12.62% with $1,209/mo rent. Return on cash invested shows 35.9% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 188.42% and total cumulative return in cash records $71,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,209/mo property income covering a $563/mo payment rather than investor’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: #10139892