1531 Hillmon Grove RdCameronNC28326
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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
Rental property for sale in Cameron at 1531 Hillmon Grove Rd, Cameron, NC, 28326 priced at $168,500 pairs $1,340/mo rent with $313/mo cash flow after a $825/mo payment. Total monthly income equals $1,340/mo, and annual cash flow comes to $3,754/yr on $55,858 invested. Return on cash invested is 26.63% in year one, and rental yield stands at 9.54% on a $168,500 basis. Equity gained on principal adds $1,087/yr, and 5% annual appreciation accumulates to $46,553 by year five. Five-year ROI measures 138.77% and total cumulative return in cash reaches $77,514. For financing, Ziffy Mortgage’s DSCR program evaluates $1,340/mo property income against a $825/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2014
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
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Listed by: STEPHANIE SAVAGE • PURSLEY PROPERTIES GROUP, LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #740963
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.