133 Bayview DrStumpy PointNC27978
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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 Stumpy Point at 133 Bayview Dr, Stumpy Point, NC, 27978 offers a 7.82% rental yield on a $399,999 purchase with $2,605/mo rent. Total monthly income registers $2,605/mo, and a $1,958/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,004/yr on $132,600 to close, and return on cash invested stands at 21.42% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 110.81% and total cumulative return in cash at $146,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,605/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27978, Stumpy Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 44 (26.0%) |
| Renter Occupied HU | 17 (10.1%) |
| Vacant Housing Units | 108 (63.9%) |
| Median Home Value | $330,000 |
| Average Home Value | $407,955 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
5
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Listed by: The VanderMyde Group Team • Coldwell Banker Seaside Realty - KDH
Mls Name: OBAR
Mls Provider:
Mls ID: #127421
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.