115 Cherry Blossom Ln #3, Stony Pt, NC, 28678 | $204/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Stony Pt at 115 Cherry Blossom Ln #3, Stony Pt, NC, 28678 offers a 8.22% rental yield on a $270,000 purchase with $1,850/mo rent. Total monthly income registers $1,850/mo, and a $1,322/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,448/yr on $89,505 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 117.38% and total cumulative return in cash at $105,061. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,850/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1961

1.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28678, Stony Point, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,289 (100%)
Owner Occupied HU	1,620 (70.8%)
Renter Occupied HU	436 (19.0%)
Vacant Housing Units	233 (10.2%)
Median Home Value	$259,045
Average Home Value	$327,500