116 Briggs St LOT 19&21JarvisburgNC27947
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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 Jarvisburg at 116 Briggs St LOT 19&21, Jarvisburg, NC, 27947 listed at $389,900 pairs $2,820/mo rent with a $1,908/mo payment to leave $444/mo cash flow. Total monthly income runs $2,820/mo, and annual cash flow reaches $5,329/yr on $129,252 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.68% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 124.86% and total cumulative return in cash totals $161,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,820/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,405 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: Emily Bray • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls ID: #130571