734 Central Falls RdAsheboroNC27203
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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 Asheboro at 734 Central Falls Rd, Asheboro, NC, 27203 priced at $294,000 converts $2,034/mo rent into $242/mo cash flow after a $1,439/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $2,906/yr on $97,461 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 8.3% against a $294,000 entry. Equity gained on principal adds $1,897/yr, while 5% annual appreciation compiles into $81,227 by year five. Five-year ROI reaches 118.74% and total cumulative return in cash sums $115,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,439/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27203, Asheboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,058 (100%) |
| Owner Occupied HU | 4,270 (42.5%) |
| Renter Occupied HU | 4,969 (49.4%) |
| Vacant Housing Units | 819 ( 8.1%) |
| Median Home Value | $168,026 |
| Average Home Value | $198,809 |
Housing Distribution
Address Breakdown
Residential
9,513
Single Family
8,179
Multi-Family
1,334
Businesses
1,220
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Listed by: Eric Taylor • True North Properties llc
Mls Name: Triad MLS
Mls ID: #1178332