109 N Greene StreetSnow HillNC28580
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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 Snow Hill at 109 N Greene Street, Snow Hill, NC, 28580 priced at $289,000 pairs $2,856/mo rent with $1,094/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,856/mo, and annual cash flow comes to $13,130/yr on $95,804 invested. Return on cash invested is 33.61% in year one, and rental yield stands at 11.86% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 176.24% and total cumulative return in cash reaches $168,842. For financing, Ziffy Mortgage’s DSCR program evaluates $2,856/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28580, Snow Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,435 (100%) |
| Owner Occupied HU | 2,710 (61.1%) |
| Renter Occupied HU | 1,270 (28.6%) |
| Vacant Housing Units | 455 (10.3%) |
| Median Home Value | $154,730 |
| Average Home Value | $196,928 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,998
Multi-Family
64
Businesses
355
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Listed by: Travis C Worthington • Down Home Realty And Property Management, LLC
Mls Name: Hive MLS
Mls ID: #100547499