1070 Midway Road SEBoliviaNC28422
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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 Bolivia at 1070 Midway Road SE, Bolivia, NC, 28422 with 5% annual appreciation on a $340,000 basis while $1,980/mo rent supports operations. 93% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 6.99%. Five-year ROI measures 97.44% and total cumulative return in cash totals $109,830. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Tina Cox • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100545908