1402 Magram CtAydenNC28513
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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
Investment property for sale in Ayden at 1402 Magram Ct, Ayden, NC, 28513 offers a 9.44% rental yield on a $104,000 purchase with $818/mo rent. Total monthly income registers $818/mo, and a $509/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,210/yr on $34,476 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $671/yr while 5% annual appreciation supports $28,733 over five years. Portfolio math shows five-year ROI at 137.24% and total cumulative return in cash at $47,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $818/mo property income against a $509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28513, Ayden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,242 (100%) |
| Owner Occupied HU | 2,989 (57.0%) |
| Renter Occupied HU | 1,613 (30.8%) |
| Vacant Housing Units | 640 (12.2%) |
| Median Home Value | $230,978 |
| Average Home Value | $266,618 |
Housing Distribution
Address Breakdown
Residential
4,968
Single Family
4,803
Multi-Family
165
Businesses
366
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