829 Green StSalisburyNC28144
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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 Salisbury at 829 Green St, Salisbury, NC, 28144 with 5% annual appreciation on a $136,000 basis while $1,034/mo rent supports operations. Total monthly income totals $1,034/mo and a $666/mo payment preserves $205/mo for cash returns. Annual cash flow comes to $2,458/yr on $45,084 deployed, and return on cash invested reaches 25.36% in year one. Equity gained on principal adds $878/yr, and five-year appreciation sums $37,574 alongside rental yield of 9.12%. Five-year ROI measures 131.97% and total cumulative return in cash totals $59,498.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,034/mo property income versus a $666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28144, Salisbury, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,134 (100%) |
| Owner Occupied HU | 6,065 (50.0%) |
| Renter Occupied HU | 4,831 (39.8%) |
| Vacant Housing Units | 1,238 (10.2%) |
| Median Home Value | $267,215 |
| Average Home Value | $297,064 |
Housing Distribution
Address Breakdown
Residential
11,029
Single Family
10,382
Multi-Family
647
Businesses
1,108
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Listed by: Leo Murphy • Movil Realty
Mls Name: Doorify MLS
Mls ID: #10123149