130 Witten Circle UNIT CHavelockNC28532
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 130 Witten Circle UNIT C, Havelock, NC, 28532 in Havelock: $1,189/mo in rent, $302/mo in net income, 10.27% gross yield, 1.90 DSCR, all at $139,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $38,403 in appreciation and $1,280/yr in principal paydown projects total cumulative return of $72,296.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $302 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,189 |
| Total Monthly Debt Service | $832 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1986
5,227 sqft lot
$N/A/sqft
$480 annually 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
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
Townhouse
Built in 1986
5,227 sqft lot
$N/A/sqft
$480 annually 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