2199 Helmsman Drive SWSupplyNC28462
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
Rental property for sale in Supply at 2199 Helmsman Drive SW, Supply, NC, 28462 generates $1,375/mo in rent and, after a $979/mo payment, leaves $156/mo in cash flow. Total monthly income is $1,375/mo, and annual cash flow is $1,872/yr on $66,300 invested. Return on cash invested sits at 22.73% in year one, and rental yield is 8.25% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 117.84% and total cumulative return in cash sums $78,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,375/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen M Mitchell • Salt Air Realty LLC
Mls Name: Hive MLS
Mls ID: #100549148