212 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
Rental property for sale in Knotts Island at 212 Fentress Dr, Knotts Island, NC, 27950 generates $3,319/mo in rent, after a $2,691/mo payment. Total monthly income is $3,319/mo. Return on cash invested sits at 19.85% in year one, and rental yield is 7.24% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 102.38% and total cumulative return in cash sums $185,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,319/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
0.69 Acres 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: Julie Hassell • ERA Real Estate Professionals
Mls Name: REIN Inc.
Mls ID: #10596588