104 Darsel LnPoint HarborNC27964
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 Point Harbor at 104 Darsel Ln, Point Harbor, NC, 27964 priced at $449,500 converts $3,250/mo rent into $511/mo cash flow after a $2,200/mo obligation. Total monthly income equals $3,250/mo, and annual cash flow totals $6,127/yr on $149,009 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 8.68% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 124.76% and total cumulative return in cash sums $185,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,250/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27964, Point Harbor, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3 (100%) |
| Owner Occupied HU | 1 (33.3%) |
| Renter Occupied HU | 2 (66.7%) |
| Vacant Housing Units | 0 |
| Median Home Value | $350,000 |
| Average Home Value | $350,000 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
78
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael K Reed • Real Broker, LLC
Mls Name: OBAR
Mls ID: #130851