204 Mewborn DriveBeulavilleNC28518
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Nearby investment properties with comparable prices
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 Beulaville at 204 Mewborn Drive, Beulaville, NC, 28518 priced at $189,900 pairs $1,513/mo rent with $356/mo cash flow after a $929/mo payment. Total monthly income equals $1,513/mo, and annual cash flow comes to $4,273/yr on $62,952 invested. Return on cash invested is 26.7% in year one, and rental yield stands at 9.56% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 139.18% and total cumulative return in cash reaches $87,617. For financing, Ziffy Mortgage’s DSCR program evaluates $1,513/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2021
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28518, Beulaville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,134 (100%) |
| Owner Occupied HU | 2,578 (62.4%) |
| Renter Occupied HU | 874 (21.1%) |
| Vacant Housing Units | 682 (16.5%) |
| Median Home Value | $224,920 |
| Average Home Value | $273,368 |
Housing Distribution
Address Breakdown
Residential
3,346
Single Family
3,220
Multi-Family
126
Businesses
262
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Listed by: Jenna Morton • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100543272