137 Fourth Avenue NKure BeachNC28449
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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 Kure Beach at 137 Fourth Avenue N, Kure Beach, NC, 28449 priced at $865,000 pairs $3,859/mo rent with after a $4,234/mo payment. Total monthly income equals $3,859/mo. Return on cash invested is 14.1% in year one, and rental yield stands at 5.35% on a $865,000 basis. Equity gained on principal adds $5,582/yr, and 5% annual appreciation accumulates to $238,984 by year five. Five-year ROI measures 71.54% and total cumulative return in cash reaches $203,583. For financing, Ziffy Mortgage’s DSCR program evaluates $3,859/mo property income against a $4,234/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28449, Kure Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,870 (100%) |
| Owner Occupied HU | 757 (40.5%) |
| Renter Occupied HU | 179 ( 9.6%) |
| Vacant Housing Units | 934 (49.9%) |
| Median Home Value | $645,906 |
| Average Home Value | $687,903 |
Housing Distribution
Address Breakdown
Residential
965
Single Family
965
Multi-Family
0
Businesses
79
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Listed by: Alli E Pendergrass • eXp Realty
Mls Name: Hive MLS
Mls ID: #100546382