104 Hollie Field LaneVanceboroNC28586
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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 Vanceboro at 104 Hollie Field Lane, Vanceboro, NC, 28586 uses $124,313 cash to close to unlock $10,932/yr annual cash flow and $911/mo monthly cash flow. Total monthly income runs $3,196/mo, and a $1,835/mo payment keeps the spread at $911/mo. Purchase price stands at $375,000, and rental yield measures 10.23% with $3,196/mo rent. Return on cash invested shows 28.7% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 149.86% and total cumulative return in cash records $186,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,196/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28586, Vanceboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,113 (64.4%) |
| Renter Occupied HU | 700 (21.3%) |
| Vacant Housing Units | 470 (14.3%) |
| Median Home Value | $204,813 |
| Average Home Value | $301,394 |
Housing Distribution
Address Breakdown
Residential
3,222
Single Family
3,198
Multi-Family
24
Businesses
191
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Listed by: Bailey Basnight Real Estate • Coldwell Banker Sea Coast AB
Mls Name: Hive MLS
Mls ID: #100524262