219 Sandy Cove LaneSneads FerryNC28460
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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 Sneads Ferry at 219 Sandy Cove Lane, Sneads Ferry, NC, 28460 listed at $326,900 pairs $2,074/mo rent with a $1,600/mo payment to leave $82/mo cash flow. Total monthly income runs $2,074/mo, and annual cash flow reaches $981/yr on $108,367 cash to close. Return on cash invested measures 20.81% in year one, and rental yield registers 7.61% at a $326,900 basis. Equity gained on principal adds $2,109/yr, and annual property appreciation at 5% supports $90,316 by year five. Five-year ROI tracks 107.58% and total cumulative return in cash totals $116,577. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,074/mo property income relative to a $1,600/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: Anita Afify • ACCESS REALTY GROUP
Mls Name: Hive MLS
Mls ID: #100544876