2000 Eleuthera WayElizabeth CityNC27909
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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 Elizabeth City at 2000 Eleuthera Way, Elizabeth City, NC, 27909 earns $354/mo cash flow from $2,030/mo rent with a $1,346/mo payment. Total monthly income totals $2,030/mo, and annual cash flow totals $4,248/yr on $91,162 capital. ROI tracks 24.57% on current figures, and rental yield reads 8.86% at a $274,999 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.7% and total cumulative return in cash sums $116,411. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,030/mo property income instead of your personal income.
Single Family
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27909, Elizabeth City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,132 (100%) |
| Owner Occupied HU | 10,487 (57.8%) |
| Renter Occupied HU | 5,861 (32.3%) |
| Vacant Housing Units | 1,784 ( 9.8%) |
| Median Home Value | $256,977 |
| Average Home Value | $298,406 |
Housing Distribution
Address Breakdown
Residential
17,483
Single Family
17,279
Multi-Family
204
Businesses
1,292
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Listed by: Heather Sawyer • Water Street Real Estate Group
Mls Name: REIN Inc.
Mls ID: #10614855