804 E Lizzie StreetSelmaNC27576
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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
Investment property for sale in Selma at 804 E Lizzie Street, Selma, NC, 27576 offers a 9.95% rental yield on a $214,900 purchase with $1,781/mo rent. Total monthly income registers $1,781/mo, and a $1,052/mo payment leaves $471/mo available for distribution. Annual cash flow reaches $5,653/yr on $71,239 to close, and return on cash invested stands at 27.84% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 145.34% and total cumulative return in cash at $103,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,781/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Listed by: Vicki Kennedy • Coldwell Banker HPW
Mls Name: Hive MLS
Mls ID: #100535798