931 Washington AveWeldonNC27890
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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 Weldon at 931 Washington Ave, Weldon, NC, 27890 offers a 9.4% rental yield on a $125,000 purchase with $979/mo rent. Total monthly income registers $979/mo, and a $612/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,604/yr on $41,438 to close, and return on cash invested stands at 26.19% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 136.38% and total cumulative return in cash at $56,513. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $979/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27890, Weldon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 468 (44.6%) |
| Renter Occupied HU | 355 (33.8%) |
| Vacant Housing Units | 227 (21.6%) |
| Median Home Value | $154,487 |
| Average Home Value | $175,395 |
Housing Distribution
Address Breakdown
Residential
899
Single Family
875
Multi-Family
24
Businesses
157
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Listed by: Sequoya Grant • ONE OF ONE REALTY LLC
Mls Name: Doorify MLS
Mls ID: #10134743