120 Pine St LOT 37CamdenNC27921
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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 Camden at 120 Pine St LOT 37, Camden, NC, 27921 earns $480/mo cash flow from $2,400/mo rent with a $1,542/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $5,760/yr on $104,423 capital. ROI tracks 25.43% on current figures, and rental yield reads 9.14% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 132.29% and total cumulative return in cash sums $138,137. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1988
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27921, Camden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,414 (77.7%) |
| Renter Occupied HU | 282 (15.5%) |
| Vacant Housing Units | 124 ( 6.8%) |
| Median Home Value | $314,149 |
| Average Home Value | $341,273 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
1,945
Multi-Family
83
Businesses
118
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Listed by: Erin Nixon & Phyllis Bosomworth Team • Hall & Nixon Real Estate Inc
Mls Name: OBAR
Mls Provider:
Mls ID: #129619
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.