21 Blazing Star LnBahamaNC27503
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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 Bahama at 21 Blazing Star Ln, Bahama, NC, 27503 priced at $420,000 converts $2,288/mo rent into after a $2,056/mo obligation. Total monthly income equals $2,288/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 6.54% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 90.14% and total cumulative return in cash sums $125,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,288/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1997
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27503, Bahama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,337 (86.4%) |
| Renter Occupied HU | 138 ( 8.9%) |
| Vacant Housing Units | 73 ( 4.7%) |
| Median Home Value | $465,718 |
| Average Home Value | $520,632 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
43
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Listed by: Jason Bunch • Adorn Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10109738
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.