7387 State Highway 62TrinityNC27370
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
Rental property for sale in Trinity at 7387 State Highway 62, Trinity, NC, 27370 generates $1,136/mo in rent, after a $1,309/mo payment. Total monthly income is $1,136/mo. Return on cash invested sits at 13.22% in year one, and rental yield is 5.1% on a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 66.87% and total cumulative return in cash sums $59,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,136/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27370, Trinity, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,676 (100%) |
| Owner Occupied HU | 5,336 (79.9%) |
| Renter Occupied HU | 951 (14.2%) |
| Vacant Housing Units | 389 ( 5.8%) |
| Median Home Value | $225,849 |
| Average Home Value | $244,933 |
Housing Distribution
Address Breakdown
Residential
6,606
Single Family
6,514
Multi-Family
92
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A