157 S River DriveBeaufortNC28516
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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
Total monthly income runs $2,297/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 4.67% with $2,297/mo rent. Return on cash invested shows 12.03% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 60.43% and total cumulative return in cash records $117,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,297/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: Kurt Rogerson • Realty World First Coast Rlty
Mls Name: Hive MLS
Mls ID: #100536727