157 N Main StBosticNC28018
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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 Bostic at 157 N Main St, Bostic, NC, 28018 generates $1,603/mo in rent, after a $2,325/mo payment. Total monthly income is $1,603/mo. Return on cash invested sits at 10.06% in year one, and rental yield is 4.05% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 49.9% and total cumulative return in cash sums $78,571. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,603/mo property income rather than buyer’s personal income.
Single Family
Built in 1897
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28018, Bostic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,714 (100%) |
| Owner Occupied HU | 1,791 (66.0%) |
| Renter Occupied HU | 432 (15.9%) |
| Vacant Housing Units | 491 (18.1%) |
| Median Home Value | $217,233 |
| Average Home Value | $303,945 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
127
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Listed by: Jeffrey Aiello • Atlas Property Systems, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329921