2224 Brower Mill RdSeagroveNC27341
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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 Seagrove at 2224 Brower Mill Rd, Seagrove, NC, 27341 earns from $2,449/mo rent with a $2,203/mo payment. Total monthly income totals $2,449/mo. ROI tracks 17.54% on current figures, and rental yield reads 6.53% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 90.02% and total cumulative return in cash sums $134,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Single Family
Built in 1997
4.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27341, Seagrove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,445 (100%) |
| Owner Occupied HU | 1,815 (74.2%) |
| Renter Occupied HU | 377 (15.4%) |
| Vacant Housing Units | 253 (10.3%) |
| Median Home Value | $226,187 |
| Average Home Value | $256,629 |
Housing Distribution
Address Breakdown
Residential
2,161
Single Family
2,161
Multi-Family
0
Businesses
161
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Listed by: Karmen Quakenbush • RE/MAX Realty Consultants
Mls Name: Triad MLS
Mls ID: #1186342