1885 Bennett RoadOak CityNC27857
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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
Investment property for sale in Oak City at 1885 Bennett Road, Oak City, NC, 27857 earns $236/mo cash flow from $3,100/mo rent with a $2,300/mo payment. Total monthly income totals $3,100/mo, and annual cash flow totals $2,833/yr on $155,772 capital. ROI tracks 21.73% on current figures, and rental yield reads 7.92% at a $469,900 purchase. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash sums $175,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,100/mo property income instead of your personal income.
Single Family
Built in 2002
3.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27857, Oak City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 337 (58.0%) |
| Renter Occupied HU | 118 (20.3%) |
| Vacant Housing Units | 126 (21.7%) |
| Median Home Value | $136,638 |
| Average Home Value | $177,129 |
Housing Distribution
Address Breakdown
Residential
499
Single Family
499
Multi-Family
0
Businesses
22
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Listed by: CORKY HOUSE • ROANOKE REALTY TEAM
Mls Name: Hive MLS
Mls ID: #100525901