636 Flint StHendersonNC27536
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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
Rental property for sale in Henderson at 636 Flint St, Henderson, NC, 27536 priced at $120,000 converts $834/mo rent into $103/mo cash flow after a $587/mo obligation. Total monthly income equals $834/mo, and annual cash flow totals $1,236/yr on $39,780 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.34% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 119.35% and total cumulative return in cash sums $47,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $834/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1965
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Tina Caul • EXP Realty LLC
Mls Name: Doorify MLS
Mls ID: #10137930