118 Ryker Rd WMoyockNC27958
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
Rental property for sale in Moyock at 118 Ryker Rd W, Moyock, NC, 27958 priced at $379,990 pairs $2,688/mo rent with $372/mo cash flow after a $1,860/mo payment. Total monthly income equals $2,688/mo, and annual cash flow comes to $4,464/yr on $125,967 invested. Return on cash invested is 23.45% in year one, and rental yield stands at 8.49% on a $379,990 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,984 by year five. Five-year ROI measures 121.75% and total cumulative return in cash reaches $153,369. For financing, Ziffy Mortgage’s DSCR program evaluates $2,688/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri Stickle • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10612019