213 Riverview AveCamdenNC27921
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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 Camden at 213 Riverview Ave, Camden, NC, 27921 priced at $450,000 converts $2,797/mo rent into $54/mo cash flow after a $2,203/mo obligation. Total monthly income equals $2,797/mo, and annual cash flow totals $648/yr on $149,175 invested. Return on cash invested prints 20.34% in year one, and rental yield reads 7.46% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 105.04% and total cumulative return in cash sums $156,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,797/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27921, Camden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,414 (77.7%) |
| Renter Occupied HU | 282 (15.5%) |
| Vacant Housing Units | 124 ( 6.8%) |
| Median Home Value | $314,149 |
| Average Home Value | $341,273 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
1,945
Multi-Family
83
Businesses
118
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Listed by: David Allison • Atlantic Sothebys Int'l Realty
Mls Name: REIN Inc.
Mls ID: #10615371