104 C St LOT 14 & 15CamdenNC27921
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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 Camden at 104 C St LOT 14 & 15, Camden, NC, 27921 offers a 11.54% rental yield on a $249,500 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,221/mo payment leaves $880/mo available for distribution. Annual cash flow reaches $10,555/yr on $82,709 to close, and return on cash invested stands at 32.67% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 171.17% and total cumulative return in cash at $141,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27921, Camden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,414 (77.7%) |
| Renter Occupied HU | 282 (15.5%) |
| Vacant Housing Units | 124 ( 6.8%) |
| Median Home Value | $314,149 |
| Average Home Value | $341,273 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
1,945
Multi-Family
83
Businesses
118
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Listed by: Ron Rose • All N. C. Real Estate
Mls Name: OBAR
Mls Provider:
Mls ID: #127621
Disclaimer: 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. Information is deemed reliable but not guaranteed.