178 Citadel DrSneads FerryNC28460
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 Sneads Ferry at 178 Citadel Dr, Sneads Ferry, NC, 28460 offers a 8.33% rental yield on a $455,944 purchase with $3,166/mo rent. Total monthly income registers $3,166/mo, and a $2,232/mo payment leaves $387/mo available for distribution. Annual cash flow reaches $4,642/yr on $151,145 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $2,942/yr while 5% annual appreciation supports $125,969 over five years. Portfolio math shows five-year ROI at 119.18% and total cumulative return in cash at $180,132. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,166/mo property income against a $2,232/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Overby • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A