104B Jarvis Landing Dr #6JarvisburgNC27947
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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
Rental property for sale in Jarvisburg at 104B Jarvis Landing Dr #6, Jarvisburg, NC, 27947 priced at $359,000 converts $2,501/mo rent into $313/mo cash flow after a $1,757/mo obligation. Total monthly income equals $2,501/mo, and annual cash flow totals $3,758/yr on $119,009 invested. Return on cash invested prints 23.07% in year one, and rental yield reads 8.36% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 119.69% and total cumulative return in cash sums $142,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,501/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27947, Jarvisburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 399 (69.9%) |
| Renter Occupied HU | 99 (17.3%) |
| Vacant Housing Units | 73 (12.8%) |
| Median Home Value | $355,600 |
| Average Home Value | $392,550 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
411
Multi-Family
0
Businesses
42
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Listed by: Brittany M Johnston • Keller Williams - Outer Banks
Mls Name: OBAR
Mls ID: #131059