118 Heather Glen CircleHavelockNC28532
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Havelock at 118 Heather Glen Circle, Havelock, NC, 28532 with 5% annual appreciation on a $200,000 basis while $1,956/mo rent supports operations. Total monthly income totals $1,956/mo and a $979/mo payment preserves $737/mo for cash returns. Annual cash flow comes to $8,844/yr on $66,300 deployed, and return on cash invested reaches 33.25% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 11.74%. Five-year ROI measures 174.24% and total cumulative return in cash totals $115,520.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,956/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28532, Havelock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,563 (100%) |
| Owner Occupied HU | 4,607 (48.2%) |
| Renter Occupied HU | 3,556 (37.2%) |
| Vacant Housing Units | 1,400 (14.6%) |
| Median Home Value | $214,795 |
| Average Home Value | $251,381 |
Housing Distribution
Address Breakdown
Residential
9,068
Single Family
8,118
Multi-Family
950
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TIFFANY ANNE PARRISH • Keller Williams Realty
Mls Name: Hive MLS
Mls ID: #100540433