219 Folkstone RoadHolly RidgeNC28445
Nearby investment properties with comparable rents
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
Investment property for sale in Holly Ridge at 219 Folkstone Road, Holly Ridge, NC, 28445 at $380,000 posts ROI 18.41% with from $2,159/mo rent. Total monthly income equals $2,159/mo. Return on cash invested measures 18.41% and rental yield reads 6.82% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 94.7% and total cumulative return in cash totals $119,293. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,159/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28445, Holly Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,156 (100%) |
| Owner Occupied HU | 4,002 (39.4%) |
| Renter Occupied HU | 1,043 (10.3%) |
| Vacant Housing Units | 5,111 (50.3%) |
| Median Home Value | $376,587 |
| Average Home Value | $435,780 |
Housing Distribution
Address Breakdown
Residential
6,217
Single Family
6,134
Multi-Family
83
Businesses
499
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Moore • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100526842