1368 Middle RoadStony PtNC28678
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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
Rental property for sale in Stony Pt at 1368 Middle Road, Stony Pt, NC, 28678 generates $1,901/mo in rent and, after a $1,321/mo payment, leaves $256/mo in cash flow. Total monthly income is $1,901/mo, and annual cash flow is $3,073/yr on $89,472 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.45% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash sums $108,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,901/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28678, Stony Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,289 (100%) |
| Owner Occupied HU | 1,620 (70.8%) |
| Renter Occupied HU | 436 (19.0%) |
| Vacant Housing Units | 233 (10.2%) |
| Median Home Value | $259,045 |
| Average Home Value | $327,500 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
65
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Listed by: Paula Price • Big 6 Properties
Mls Name: High Country AOR
Mls ID: #258262