107 Hampton DriveWashingtonNC27889
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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 Washington at 107 Hampton Drive, Washington, NC, 27889 uses $133,263 cash to close to unlock $7,459/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $3,072/mo, and a $1,968/mo payment keeps the spread at $622/mo. Purchase price stands at $402,000, and rental yield measures 9.17% with $3,072/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $111,065 over five years. Five-year ROI reaches 132.74% and total cumulative return in cash records $176,900. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,072/mo property income covering a $1,968/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27889, Washington, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,728 (100%) |
| Owner Occupied HU | 7,457 (58.6%) |
| Renter Occupied HU | 3,652 (28.7%) |
| Vacant Housing Units | 1,619 (12.7%) |
| Median Home Value | $212,997 |
| Average Home Value | $258,294 |
Housing Distribution
Address Breakdown
Residential
12,261
Single Family
11,234
Multi-Family
1,027
Businesses
1,389
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Listed by: Tonya Ayers • Coldwell Banker Sea Coast Advantage - Washington
Mls Name: Hive MLS
Mls ID: #100517980