115 Mulberry LnJacksonvilleNC28546
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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 Jacksonville at 115 Mulberry Ln, Jacksonville, NC, 28546 offers $1,235/mo rent that, after a $1,052/mo payment. Total monthly income is $1,235/mo. Return on cash invested measures 18.65% in year one, and rental yield stands at 6.89% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 95.92% and total cumulative return in cash reaches $68,365. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,235/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6,098 sqft 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: N/A • N/A
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