182 Kite Cir NE LOT 659BoliviaNC28422
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 Bolivia at 182 Kite Cir NE LOT 659, Bolivia, NC, 28422 uses $101,933 cash to close to unlock $7,680/yr annual cash flow and $640/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,505/mo payment keeps the spread at $640/mo. Purchase price stands at $307,490, and rental yield measures 9.81% with $2,514/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $84,954 over five years. Five-year ROI reaches 143.16% and total cumulative return in cash records $145,931. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,505/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eagle Creek • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A