110 Johnsonville School RdCameronNC28326
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
Rental property for sale in Cameron at 110 Johnsonville School Rd, Cameron, NC, 28326 priced at $184,900 pairs $1,462/mo rent with $335/mo cash flow after a $905/mo payment. Total monthly income equals $1,462/mo, and annual cash flow comes to $4,021/yr on $61,294 invested. Return on cash invested is 26.47% in year one, and rental yield stands at 9.49% on a $184,900 basis. Equity gained on principal adds $1,193/yr, and 5% annual appreciation accumulates to $51,084 by year five. Five-year ROI measures 137.98% and total cumulative return in cash reaches $84,571. For financing, Ziffy Mortgage’s DSCR program evaluates $1,462/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISHINDA HORTON • HORTON REALTY, LLC.
Mls Name: LPRMLS
Mls ID: #747715