1204 Cedar Point Blvd LOT 18Cedar PointNC28584
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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 Cedar Point at 1204 Cedar Point Blvd LOT 18, Cedar Point, NC, 28584 offers a 8.37% rental yield on a $172,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $842/mo payment leaves $152/mo available for distribution. Annual cash flow reaches $1,819/yr on $57,018 to close, and return on cash invested stands at 23.1% in year one. Equity gained on principal adds $1,110/yr while 5% annual appreciation supports $47,520 over five years. Portfolio math shows five-year ROI at 119.84% and total cumulative return in cash at $68,329. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $842/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
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