104 Sandy LaneHavelockNC28532
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
Investment property for sale in Havelock at 104 Sandy Lane, Havelock, NC, 28532 offers a 10.21% rental yield on a $237,000 purchase with $2,017/mo rent. Total monthly income registers $2,017/mo, and a $1,160/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,871/yr on $78,566 to close, and return on cash invested stands at 28.65% in year one. Equity gained on principal adds $1,529/yr while 5% annual appreciation supports $65,479 over five years. Portfolio math shows five-year ROI at 149.65% and total cumulative return in cash at $117,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,017/mo property income against a $1,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28532, Havelock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,563 (100%) |
| Owner Occupied HU | 4,607 (48.2%) |
| Renter Occupied HU | 3,556 (37.2%) |
| Vacant Housing Units | 1,400 (14.6%) |
| Median Home Value | $214,795 |
| Average Home Value | $251,381 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
8,118
Multi-Family
950
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicholas Huscroft • Chosen Realty of NC
Mls Name: Hive MLS
Mls ID: #100546722