805 Parker StMonroeNC28112
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
Investment property for sale in Monroe at 805 Parker St, Monroe, NC, 28112 at $309,400 posts ROI 25.23% with $455/mo cash flow from $2,340/mo rent. Total monthly income equals $2,340/mo, and annual cash flow records $5,457/yr on $102,566 to close. Return on cash invested measures 25.23% and rental yield reads 9.08% at the current $309,400. Equity gained on principal adds $1,997/yr, and 5% annual appreciation supports $85,482 by year five. Five-year ROI prints 131.25% and total cumulative return in cash totals $134,615.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28112, Monroe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,383 (100%) |
| Owner Occupied HU | 8,046 (70.7%) |
| Renter Occupied HU | 2,743 (24.1%) |
| Vacant Housing Units | 594 ( 5.2%) |
| Median Home Value | $359,879 |
| Average Home Value | $454,375 |
Housing Distribution
Address Breakdown
Residential
10,771
Single Family
10,763
Multi-Family
8
Businesses
626
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Nearby investment properties with comparable prices
Listed by: Jasmin Delgado • Northway Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281427