202 Lewis StreetBladenboroNC28320
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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 Bladenboro at 202 Lewis Street, Bladenboro, NC, 28320 generates $767/mo in rent and, after a $489/mo payment, leaves $158/mo in cash flow. Total monthly income is $767/mo, and annual cash flow is $1,896/yr on $33,150 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 9.2% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 133.37% and total cumulative return in cash sums $44,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $767/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28320, Bladenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,930 (100%) |
| Owner Occupied HU | 2,399 (61.0%) |
| Renter Occupied HU | 990 (25.2%) |
| Vacant Housing Units | 541 (13.8%) |
| Median Home Value | $139,826 |
| Average Home Value | $176,453 |
Housing Distribution
Address Breakdown
Residential
3,495
Single Family
3,413
Multi-Family
82
Businesses
192
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Listed by: Mary G Wheatley • Hilton Auction & Realty Inc-Whiteville
Mls Name: Hive MLS
Mls ID: #100542647