0 Red Hill RdMount OliveNC28365
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 Mount Olive at 0 Red Hill Rd, Mount Olive, NC, 28365 priced at $1,650,000 pairs $1,200/mo rent with after a $8,076/mo payment. Total monthly income equals $1,200/mo. Return on cash invested is 0.49% in year one, and rental yield stands at 0.87% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1,368 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28365, Mount Olive, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,782 (100%) |
| Owner Occupied HU | 3,694 (54.5%) |
| Renter Occupied HU | 1,828 (27.0%) |
| Vacant Housing Units | 1,260 (18.6%) |
| Median Home Value | $156,304 |
| Average Home Value | $174,143 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
6,245
Multi-Family
71
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Cailein Campbell • National Land Realty, Southeastern NC
Mls Name: My State MLS
Mls ID: #11577193