2216 Bass Ave SWSupplyNC28462
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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 Supply at 2216 Bass Ave SW, Supply, NC, 28462 with 5% annual appreciation on a $189,900 basis while $1,429/mo rent supports operations. Total monthly income totals $1,429/mo and a $929/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,265/yr on $62,952 deployed, and return on cash invested reaches 25.1% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 9.03%. Five-year ROI measures 130.6% and total cumulative return in cash totals $82,217.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,429/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,362 sqft 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
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Listed by: N/A • N/A
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