106 Meadow WayHavelockNC28532
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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 Havelock at 106 Meadow Way, Havelock, NC, 28532 generates $1,676/mo in rent and, after a $827/mo payment, leaves $646/mo in cash flow. Total monthly income is $1,676/mo, and annual cash flow is $7,754/yr on $56,024 invested. Return on cash invested sits at 33.75% in year one, and rental yield is 11.9% on a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 177% and total cumulative return in cash sums $99,163. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,676/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
871.20 sqft 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
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Listed by: Danielle Eason • Realty ONE Group East
Mls Name: Hive MLS
Mls ID: #100545505