108 Richardson StWhitevilleNC28472
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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 Whiteville at 108 Richardson St, Whiteville, NC, 28472 priced at $165,000 pairs $1,470/mo rent with $464/mo cash flow after a $808/mo payment. Total monthly income equals $1,470/mo, and annual cash flow comes to $5,568/yr on $54,698 invested. Return on cash invested is 30.09% in year one, and rental yield stands at 10.69% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 157.3% and total cumulative return in cash reaches $86,039. For financing, Ziffy Mortgage’s DSCR program evaluates $1,470/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28472, Whiteville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,977 (100%) |
| Owner Occupied HU | 4,832 (60.6%) |
| Renter Occupied HU | 2,243 (28.1%) |
| Vacant Housing Units | 902 (11.3%) |
| Median Home Value | $189,085 |
| Average Home Value | $229,803 |
Housing Distribution
Address Breakdown
Residential
7,988
Single Family
7,847
Multi-Family
141
Businesses
1,110
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Listed by: STEPHANIE GIST • REALTY ONE GROUP HERITAGE
Mls Name: LPRMLS
Mls Provider:
Mls ID: #733412
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.