114 Cardinal RoadJacksonvilleNC28546
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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 Jacksonville at 114 Cardinal Road, Jacksonville, NC, 28546 with 5% annual appreciation on a $189,999 basis while $1,340/mo rent supports operations. Total monthly income totals $1,340/mo and a $930/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,184/yr on $62,985 deployed, and return on cash invested reaches 23.38% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,493 alongside rental yield of 8.46%. Five-year ROI measures 121.31% and total cumulative return in cash totals $76,404.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,340/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28546, Jacksonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,233 (100%) |
| Owner Occupied HU | 11,300 (48.6%) |
| Renter Occupied HU | 9,348 (40.2%) |
| Vacant Housing Units | 2,585 (11.1%) |
| Median Home Value | $260,062 |
| Average Home Value | $290,597 |
Housing Distribution
Address Breakdown
Residential
21,736
Single Family
17,472
Multi-Family
4,264
Businesses
1,423
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Listed by: Steven Wall • RE/MAX Elite Realty Group
Mls Name: Hive MLS
Mls ID: #100543446