149 Bayview DrStumpy PointNC27978
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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 Stumpy Point at 149 Bayview Dr, Stumpy Point, NC, 27978 earns from $2,704/mo rent with a $3,421/mo payment. Total monthly income totals $2,704/mo. ROI tracks 11.94% on current figures, and rental yield reads 4.64% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 59.98% and total cumulative return in cash sums $137,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,704/mo property income instead of your personal income.
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27978, Stumpy Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 44 (26.0%) |
| Renter Occupied HU | 17 (10.1%) |
| Vacant Housing Units | 108 (63.9%) |
| Median Home Value | $330,000 |
| Average Home Value | $407,955 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
5
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Listed by: William R Crews • Sun Realty - Avon
Mls Name: OBAR
Mls Provider:
Mls ID: #129733
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.