1550 Murre Court SEBoliviaNC28422
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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 Bolivia at 1550 Murre Court SE, Bolivia, NC, 28422 priced at $299,000 pairs $2,245/mo rent with $423/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,245/mo, and annual cash flow comes to $5,078/yr on $99,119 invested. Return on cash invested is 25.03% in year one, and rental yield stands at 9.01% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 130.23% and total cumulative return in cash reaches $129,082. For financing, Ziffy Mortgage’s DSCR program evaluates $2,245/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Sarah O Wagner • Choice Residential Real Estate, LLC
Mls Name: Hive MLS
Mls ID: #100551799