108 Sherry StreetSneads FerryNC28460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sneads Ferry at 108 Sherry Street, Sneads Ferry, NC, 28460 earns $210/mo cash flow from $1,428/mo rent with a $978/mo payment. Total monthly income totals $1,428/mo, and annual cash flow totals $2,521/yr on $66,267 capital. ROI tracks 23.71% on current figures, and rental yield reads 8.57% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 123.19% and total cumulative return in cash sums $81,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,428/mo property income instead of your personal income.
Manufactured
Built in 1990
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: Kylie Uzzell Parkhurst • Better Homes and Gardens Real Estate Treasure
Mls Name: Hive MLS
Mls ID: #100551309