611 Clark DrTarboroNC27886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Tarboro at 611 Clark Dr, Tarboro, NC, 27886 offers $1,874/mo rent that, after a $1,713/mo payment. Total monthly income is $1,874/mo. Return on cash invested measures 17.23% in year one, and rental yield stands at 6.43% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 88.39% and total cumulative return in cash reaches $102,522. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,874/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27886, Tarboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,909 (100%) |
| Owner Occupied HU | 4,803 (53.9%) |
| Renter Occupied HU | 3,069 (34.4%) |
| Vacant Housing Units | 1,037 (11.6%) |
| Median Home Value | $135,882 |
| Average Home Value | $192,528 |
Housing Distribution
Address Breakdown
Residential
8,543
Single Family
7,969
Multi-Family
574
Businesses
783
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Listed by: Ricky Murray • Coldwell Banker HPW
Mls Name: Doorify MLS
Mls ID: #10123177