8805 Colgate RdStokesdaleNC27357
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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 Stokesdale at 8805 Colgate Rd, Stokesdale, NC, 27357 earns from $2,080/mo rent with a $2,447/mo payment. Total monthly income totals $2,080/mo. ROI tracks 12.91% on current figures, and rental yield reads 4.99% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 65.16% and total cumulative return in cash sums $108,008. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,080/mo property income instead of your personal income.
Single Family
Built in 2020
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27357, Stokesdale, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,254 (100%) |
| Owner Occupied HU | 3,429 (80.6%) |
| Renter Occupied HU | 520 (12.2%) |
| Vacant Housing Units | 305 ( 7.2%) |
| Median Home Value | $307,869 |
| Average Home Value | $367,357 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,248
Multi-Family
31
Businesses
197
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Listed by: Laura Pate • L & L Real Estate
Mls Name: Triad MLS
Mls ID: #1207031