140 Shady Acres LnBosticNC28018
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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 Bostic at 140 Shady Acres Ln, Bostic, NC, 28018 priced at $340,000 converts $1,613/mo rent into after a $1,664/mo obligation. Total monthly income equals $1,613/mo. Return on cash invested prints 15.02% in year one, and rental yield reads 5.69% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 76.49% and total cumulative return in cash sums $86,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,613/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 2008
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28018, Bostic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,714 (100%) |
| Owner Occupied HU | 1,791 (66.0%) |
| Renter Occupied HU | 432 (15.9%) |
| Vacant Housing Units | 491 (18.1%) |
| Median Home Value | $217,233 |
| Average Home Value | $303,945 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
127
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Listed by: Karen McCall • McCalls Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319046