218 Palamino TrailJacksonvilleNC28546
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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 Jacksonville at 218 Palamino Trail, Jacksonville, NC, 28546 uses $99,119 cash to close to unlock $374/yr annual cash flow and $31/mo monthly cash flow. Total monthly income runs $1,853/mo, and a $1,463/mo payment keeps the spread at $31/mo. Purchase price stands at $299,000, and rental yield measures 7.44% with $1,853/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 104.77% and total cumulative return in cash records $103,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,853/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1994
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28546, Jacksonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,233 (100%) |
| Owner Occupied HU | 11,300 (48.6%) |
| Renter Occupied HU | 9,348 (40.2%) |
| Vacant Housing Units | 2,585 (11.1%) |
| Median Home Value | $260,062 |
| Average Home Value | $290,597 |
Housing Distribution
Address Breakdown
Residential
21,736
Single Family
17,472
Multi-Family
4,264
Businesses
1,423
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Listed by: Gentry Property Group • Keller Williams Realty
Mls Name: Hive MLS
Mls ID: #100545928