111 Iris CirMoyockNC27958
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 Moyock at 111 Iris Cir, Moyock, NC, 27958 priced at $455,000 pairs $3,269/mo rent with $496/mo cash flow after a $2,227/mo payment. Total monthly income equals $3,269/mo, and annual cash flow comes to $5,952/yr on $150,833 invested. Return on cash invested is 23.86% in year one, and rental yield stands at 8.62% on a $455,000 basis. Equity gained on principal adds $2,936/yr, and 5% annual appreciation accumulates to $125,708 by year five. Five-year ROI measures 123.86% and total cumulative return in cash reaches $186,820. For financing, Ziffy Mortgage’s DSCR program evaluates $3,269/mo property income against a $2,227/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
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: Troy Brimmer • 1st Class Real Estate Flagship
Mls Name: REIN Inc.
Mls ID: #10615263