916 Liberty DrThomasvilleNC27360
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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 Thomasville at 916 Liberty Dr, Thomasville, NC, 27360 generates $1,173/mo in rent and, after a $727/mo payment, leaves $268/mo in cash flow. Total monthly income is $1,173/mo, and annual cash flow is $3,214/yr on $49,228 invested. Return on cash invested sits at 26.44% in year one, and rental yield is 9.48% on a $148,500 entry. Equity gained on principal adds $958/yr, while 5% annual appreciation builds toward $41,028 over five years. Five-year ROI reaches 137.76% and total cumulative return in cash sums $67,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,173/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27360, Thomasville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,717 (100%) |
| Owner Occupied HU | 13,122 (63.3%) |
| Renter Occupied HU | 6,131 (29.6%) |
| Vacant Housing Units | 1,464 ( 7.1%) |
| Median Home Value | $224,747 |
| Average Home Value | $265,283 |
Housing Distribution
Address Breakdown
Residential
20,241
Single Family
20,013
Multi-Family
228
Businesses
1,293
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Listed by: Megan Urbieta • Your Carolina's Realty
Mls Name: Triad MLS
Mls ID: #1205596