103 Tyler WayMoyockNC27958
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
Rental property for sale in Moyock at 103 Tyler Way, Moyock, NC, 27958 priced at $590,000 converts $3,198/mo rent into after a $2,888/mo obligation. Total monthly income equals $3,198/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 6.5% against a $590,000 entry. Equity gained on principal adds $3,807/yr, while 5% annual appreciation compiles into $163,006 by year five. Five-year ROI reaches 90.3% and total cumulative return in cash sums $175,276. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,198/mo property income covering a $2,888/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victor Culberson • World Class Realty & Associates LLC
Mls Name: Hive MLS
Mls ID: #100550692