192 Ocean Boulevard WSupplyNC28462
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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
Rental property for sale in Supply at 192 Ocean Boulevard W, Supply, NC, 28462 priced at $1,695,000 pairs $3,755/mo rent with after a $8,296/mo payment. Total monthly income equals $3,755/mo. Return on cash invested is 6% in year one, and rental yield stands at 2.66% on a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and 5% annual appreciation accumulates to $468,297 by year five. Five-year ROI measures 28.04% and total cumulative return in cash reaches $153,981. For financing, Ziffy Mortgage’s DSCR program evaluates $3,755/mo property income against a $8,296/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: The Cheek Team • The Cheek Team
Mls Name: Hive MLS
Mls ID: #100528195