12 Cornell DriveJacksonvilleNC28546
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 Jacksonville at 12 Cornell Drive, Jacksonville, NC, 28546 at $248,500 posts ROI 23.4% with $240/mo cash flow from $1,754/mo rent. Total monthly income equals $1,754/mo, and annual cash flow records $2,878/yr on $82,378 to close. Return on cash invested measures 23.4% and rental yield reads 8.47% at the current $248,500. Equity gained on principal adds $1,604/yr, and 5% annual appreciation supports $68,656 by year five. Five-year ROI prints 121.45% and total cumulative return in cash totals $100,051.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,754/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.33 Acres 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: Susanne Figueroa • Coldwell Banker Sea Coast Advantage - Jacksonville
Mls Name: Hive MLS
Mls ID: #100551597