110 Backwoods Ln #1K89P7MoyockNC27958
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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
Investment property for sale in Moyock at 110 Backwoods Ln #1K89P7, Moyock, NC, 27958 listed at $679,990 pairs $4,080/mo rent with a $3,328/mo payment. Total monthly income runs $4,080/mo. Return on cash invested measures 19.72% in year one, and rental yield registers 7.2% at a $679,990 basis. Equity gained on principal adds $4,388/yr, and annual property appreciation at 5% supports $187,869 by year five. Five-year ROI tracks 101.68% and total cumulative return in cash totals $227,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,080/mo property income relative to a $3,328/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A 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: Terri Stickle • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10593687