181 Richmond Park DrCameronNC28326
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 Cameron at 181 Richmond Park Dr, Cameron, NC, 28326 uses $102,765 cash to close to unlock $2,616/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $2,107/mo, and a $1,517/mo payment keeps the spread at $218/mo. Purchase price stands at $310,000, and rental yield measures 8.16% with $2,107/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 116.36% and total cumulative return in cash records $119,575. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,107/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KALA FORTIN • THE SUMMIT REAL ESTATE AGENCY
Mls Name: LPRMLS
Mls ID: #750571