116 Barnes LnStony PointNC28678
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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 Stony Point at 116 Barnes Ln, Stony Point, NC, 28678 at $218,000 posts ROI 18.75% with from $1,259/mo rent. Total monthly income equals $1,259/mo. Return on cash invested measures 18.75% and rental yield reads 6.93% at the current $218,000. Equity gained on principal adds $1,407/yr, and 5% annual appreciation supports $60,229 by year five. Five-year ROI prints 96.57% and total cumulative return in cash totals $69,787. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,259/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.44 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 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
65
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Listed by: Robyn St. Clair • Realty ONE Group @ Home
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4335423