114 Caco St LOT 3RJarvisburgNC27947
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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 Jarvisburg at 114 Caco St LOT 3R, Jarvisburg, NC, 27947 priced at $799,900 converts $3,709/mo rent into after a $3,915/mo obligation. Total monthly income equals $3,709/mo. Return on cash invested prints 14.74% in year one, and rental yield reads 5.56% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 75% and total cumulative return in cash sums $197,364. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,709/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 2007
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27947, Jarvisburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 399 (69.9%) |
| Renter Occupied HU | 99 (17.3%) |
| Vacant Housing Units | 73 (12.8%) |
| Median Home Value | $355,600 |
| Average Home Value | $392,550 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
411
Multi-Family
0
Businesses
42
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Listed by: Lynn Bulman • Howard Hanna Outer Banks Realt
Mls Name: OBAR
Mls Provider:
Mls ID: #125963
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.