1520 Rockhill RoadCastle HayneNC28429
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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 Castle Hayne at 1520 Rockhill Road, Castle Hayne, NC, 28429 earns $404/mo cash flow from $2,628/mo rent with a $1,786/mo payment. Total monthly income totals $2,628/mo, and annual cash flow totals $4,848/yr on $120,998 capital. ROI tracks 23.92% on current figures, and rental yield reads 8.64% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 124.19% and total cumulative return in cash sums $150,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,628/mo property income instead of your personal income.
Single Family
Built in 2020
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28429, Castle Hayne, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,098 (100%) |
| Owner Occupied HU | 3,099 (75.6%) |
| Renter Occupied HU | 699 (17.1%) |
| Vacant Housing Units | 300 ( 7.3%) |
| Median Home Value | $361,361 |
| Average Home Value | $445,607 |
Housing Distribution
Address Breakdown
Residential
4,380
Single Family
4,380
Multi-Family
0
Businesses
241
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Listed by: Chris Lopata • Sea Glass Wilmington
Mls Name: Hive MLS
Mls ID: #100527178