91 Longbow DrMiddlesexNC27557
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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 91 Longbow Dr, Middlesex, NC, 27557 priced at $274,900 converts $2,240/mo rent into $565/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,240/mo, and annual cash flow totals $6,781/yr on $91,129 invested. Return on cash invested prints 27.35% in year one, and rental yield reads 9.78% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 142.67% and total cumulative return in cash sums $130,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,240/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.43 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: Shanlyn Trease Price • RE/MAX United
Mls Name: Doorify MLS
Mls ID: #10141321