108 Bison Dr LOT 59MoyockNC27958
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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 Moyock at 108 Bison Dr LOT 59, Moyock, NC, 27958 generates $2,235/mo in rent and, after a $1,537/mo payment, leaves $321/mo in cash flow. Total monthly income is $2,235/mo, and annual cash flow is $3,854/yr on $104,091 invested. Return on cash invested sits at 23.61% in year one, and rental yield is 8.54% on a $314,000 entry. Equity gained on principal adds $2,026/yr, while 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 122.61% and total cumulative return in cash sums $127,623. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,235/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
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Listed by: Ron Rose • All N. C. Real Estate
Mls Name: OBAR
Mls Provider:
Mls ID: #130071
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.