716 Watson StReidsvilleNC27320
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
Investment property for sale in Reidsville at 716 Watson St, Reidsville, NC, 27320 at $169,997 posts ROI 23.4% with $164/mo cash flow from $1,200/mo rent. Total monthly income equals $1,200/mo, and annual cash flow records $1,968/yr on $56,354 to close. Return on cash invested measures 23.4% and rental yield reads 8.47% at the current $169,997. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,967 by year five. Five-year ROI prints 121.41% and total cumulative return in cash totals $68,420.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27320, Reidsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,514 (100%) |
| Owner Occupied HU | 11,438 (61.8%) |
| Renter Occupied HU | 5,253 (28.4%) |
| Vacant Housing Units | 1,823 ( 9.8%) |
| Median Home Value | $212,764 |
| Average Home Value | $265,031 |
Housing Distribution
Address Breakdown
Residential
17,206
Single Family
15,903
Multi-Family
1,303
Businesses
912
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Listed by: Clark (Chuck) Faint • Chuck Faint Realty Team
Mls Name: Triad MLS
Mls ID: #1200259