1018 Mill Run RoadSneads FerryNC28460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sneads Ferry at 1018 Mill Run Road, Sneads Ferry, NC, 28460 earns $454/mo cash flow from $3,289/mo rent with a $2,247/mo payment. Total monthly income totals $3,289/mo, and annual cash flow totals $5,444/yr on $152,159 capital. ROI tracks 23.49% on current figures, and rental yield reads 8.6% at a $459,000 purchase. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 over five years. Five-year ROI reaches 122.01% and total cumulative return in cash sums $185,651. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,289/mo property income instead of your personal income.
Single Family
Built in 1989
0.50 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: Lori K Smith • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100457671
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-21 21:29:37 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-02-21 21:29:37 PST Hive MLS