102 Shepherds Way LOT 12Knotts IslandNC27950
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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 Knotts Island at 102 Shepherds Way LOT 12, Knotts Island, NC, 27950 listed at $435,000 pairs $4,800/mo rent with a $2,129/mo payment to leave $2,149/mo cash flow. Total monthly income runs $4,800/mo, and annual cash flow reaches $25,788/yr on $144,203 cash to close. Return on cash invested measures 37.79% in year one, and rental yield registers 13.24% at a $435,000 basis. Equity gained on principal adds $2,807/yr, and annual property appreciation at 5% supports $120,182 by year five. Five-year ROI tracks 198.6% and total cumulative return in cash totals $286,392. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,800/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27950, Knotts Island, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 745 (74.6%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 140 (14.0%) |
| Median Home Value | $262,059 |
| Average Home Value | $282,020 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
21
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Listed by: Jailene Wilson • Kingdom Real Estate Services
Mls Name: OBAR
Mls Provider:
Mls ID: #129692
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