142 Saint Andrews Rd LOT 65MoyockNC27958
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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 Moyock at 142 Saint Andrews Rd LOT 65, Moyock, NC, 27958 uses $172,725 cash to close to unlock $8,892/yr annual cash flow and $741/mo monthly cash flow. Total monthly income runs $3,941/mo, and a $2,570/mo payment keeps the spread at $741/mo. Purchase price stands at $525,000, and rental yield measures 9.01% with $3,941/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 131.09% and total cumulative return in cash records $226,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,941/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
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Listed by: Emily Bray • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls ID: #131137