150 Upper RdSeagroveNC27341
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.78% yield at 150 Upper Rd, Seagrove, NC, 27341 in Seagrove is solid, but the $1,282/mo payment compresses net cash flow to $110/mo at $285,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $78,740 by year five, and $2,625/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.44) without U.S. income documentation. Total projected return: $115,007.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $110 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,847 |
| Total Monthly Debt Service | $1,624 |
| DSCR Ratio | 1.14x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27341, Seagrove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,445 (100%) |
| Owner Occupied HU | 1,815 (74.2%) |
| Renter Occupied HU | 377 (15.4%) |
| Vacant Housing Units | 253 (10.3%) |
| Median Home Value | $226,187 |
| Average Home Value | $256,629 |
Housing Distribution
Address Breakdown
Residential
2,161
Single Family
2,161
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1978
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27341, Seagrove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,445 (100%) |
| Owner Occupied HU | 1,815 (74.2%) |
| Renter Occupied HU | 377 (15.4%) |
| Vacant Housing Units | 253 (10.3%) |
| Median Home Value | $226,187 |
| Average Home Value | $256,629 |
Housing Distribution
Address Breakdown
Residential
2,161
Single Family
2,161
Multi-Family
0
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey Lawrence • eXp Realty
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1179867
Disclaimer: Copyright 2025 Triad MLS, Inc. All rights reserved. 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. This site will be monitored for scraping and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.