172 Brumley RdKnotts IslandNC27950
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Knotts Island at 172 Brumley Rd, Knotts Island, NC, 27950 at $295,000 posts ROI 24.47% with $372/mo cash flow from $2,170/mo rent. Total monthly income equals $2,170/mo, and annual cash flow records $4,464/yr on $97,793 to close. Return on cash invested measures 24.47% and rental yield reads 8.83% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 127.19% and total cumulative return in cash totals $124,382.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,170/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1996
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27950, Knotts Island, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 745 (74.6%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 140 (14.0%) |
| Median Home Value | $262,059 |
| Average Home Value | $282,020 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: David Wilkey • BHHS RW Towne Realty
Mls Name: REIN Inc.
Mls ID: #10609438