204 Fentress DrKnotts IslandNC27950
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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 Knotts Island at 204 Fentress Dr, Knotts Island, NC, 27950 earns $877/mo cash flow from $4,656/mo rent with a $3,035/mo payment. Total monthly income totals $4,656/mo, and annual cash flow totals $10,524/yr on $203,980 capital. ROI tracks 25.22% on current figures, and rental yield reads 9.01% at a $620,000 purchase. Equity gained on principal adds $4,001/yr, and 5% annual appreciation supports $171,295 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash sums $267,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,656/mo property income instead of your personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27950, Knotts Island, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 745 (74.6%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 140 (14.0%) |
| Median Home Value | $262,059 |
| Average Home Value | $282,020 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
21
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Listed by: Katie Burke • Long & Foster Real Estate Inc.
Mls Name: REIN Inc.
Mls ID: #10614460