10775 Buffalo Creek RdBahamaNC27503
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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 Bahama at 10775 Buffalo Creek Rd, Bahama, NC, 27503 generates $4,321/mo in rent, after a $5,629/mo payment. Total monthly income is $4,321/mo. Return on cash invested sits at 11.71% in year one, and rental yield is 4.51% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 58.66% and total cumulative return in cash sums $218,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,321/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
13.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27503, Bahama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,337 (86.4%) |
| Renter Occupied HU | 138 ( 8.9%) |
| Vacant Housing Units | 73 ( 4.7%) |
| Median Home Value | $465,718 |
| Average Home Value | $520,632 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
43
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Listed by: Heidi Grable • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10141728