80 Waynes LnMiddlesexNC27557
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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 Middlesex at 80 Waynes Ln, Middlesex, NC, 27557 priced at $219,900 converts $2,160/mo rent into $820/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $9,841/yr on $72,897 invested. Return on cash invested prints 33.41% in year one, and rental yield reads 11.79% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 175.19% and total cumulative return in cash sums $127,708. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Manufactured
Built in 1975
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27557, Middlesex, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,583 (66.9%) |
| Renter Occupied HU | 899 (23.3%) |
| Vacant Housing Units | 379 ( 9.8%) |
| Median Home Value | $220,885 |
| Average Home Value | $248,348 |
Housing Distribution
Address Breakdown
Residential
3,559
Single Family
3,534
Multi-Family
25
Businesses
103
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Listed by: Thomas Harper • RE/MAX Capital
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10106363
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.