622 Williams StEnfieldNC27823
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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 Enfield at 622 Williams St, Enfield, NC, 27823 with 5% annual appreciation on a $299,000 basis while $2,227/mo rent supports operations. Total monthly income totals $2,227/mo and a $1,463/mo payment preserves $309/mo for cash returns. Annual cash flow comes to $3,702/yr on $99,119 deployed, and return on cash invested reaches 23.64% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.94%. Five-year ROI measures 123.2% and total cumulative return in cash totals $122,110.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,227/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27823, Enfield, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,370 (100%) |
| Owner Occupied HU | 1,698 (50.4%) |
| Renter Occupied HU | 923 (27.4%) |
| Vacant Housing Units | 749 (22.2%) |
| Median Home Value | $95,455 |
| Average Home Value | $151,708 |
Housing Distribution
Address Breakdown
Residential
2,851
Single Family
2,826
Multi-Family
25
Businesses
177
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Listed by: Kandy Benton • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10107917
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.