76 Annie Compton RdProvidenceNC27315
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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 Providence at 76 Annie Compton Rd, Providence, NC, 27315 priced at $139,900 converts $1,304/mo rent into $451/mo cash flow after a $685/mo obligation. Total monthly income equals $1,304/mo, and annual cash flow totals $5,413/yr on $46,377 invested. Return on cash invested prints 31.58% in year one, and rental yield reads 11.19% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 165.43% and total cumulative return in cash sums $76,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,304/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27315, Providence, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 610 (66.1%) |
| Renter Occupied HU | 201 (21.8%) |
| Vacant Housing Units | 112 (12.1%) |
| Median Home Value | $165,099 |
| Average Home Value | $213,861 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
33
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Listed by: Kim Martin • Century 21 Total Real Estate Solutions, LLC
Mls Name: Triad MLS
Mls ID: #1205438