618 White StSelmaNC27576
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 Selma at 618 White St, Selma, NC, 27576 priced at $155,000 pairs $1,824/mo rent with $879/mo cash flow after a $759/mo payment. Total monthly income equals $1,824/mo, and annual cash flow comes to $10,548/yr on $51,383 invested. Return on cash invested is 40.44% in year one, and rental yield stands at 14.12% on a $155,000 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,824 by year five. Five-year ROI measures 212.79% and total cumulative return in cash reaches $109,336. For financing, Ziffy Mortgage’s DSCR program evaluates $1,824/mo property income against a $759/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Nearby investment properties with comparable prices
Listed by: Nicholas Huscroft • Chosen Real Estate Group
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093605
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