703 Davis DriveTarboroNC27886
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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
Investment property for sale in Tarboro at 703 Davis Drive, Tarboro, NC, 27886 at $160,000 posts ROI 27.4% with $331/mo cash flow from $1,306/mo rent. Total monthly income equals $1,306/mo, and annual cash flow records $3,972/yr on $53,040 to close. Return on cash invested measures 27.4% and rental yield reads 9.79% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 142.88% and total cumulative return in cash totals $75,782.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,306/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.26 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: Donna Dew • Century 21 Sterling Combs
Mls Name: Hive MLS
Mls ID: #100546677