224 Boston River Dr LOT 11DunnNC28334
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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 Dunn at 224 Boston River Dr LOT 11, Dunn, NC, 28334 uses $104,325 cash to close to unlock $748/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,540/mo payment keeps the spread at $62/mo. Purchase price stands at $314,706, and rental yield measures 7.55% with $1,980/mo rent. Return on cash invested shows 20.63% in year one, and 5% annual appreciation builds toward $86,947 over five years. Five-year ROI reaches 106.58% and total cumulative return in cash records $111,189. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,540/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28334, Dunn, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,844 (100%) |
| Owner Occupied HU | 6,694 (61.7%) |
| Renter Occupied HU | 3,199 (29.5%) |
| Vacant Housing Units | 951 ( 8.8%) |
| Median Home Value | $267,672 |
| Average Home Value | $279,507 |
Housing Distribution
Address Breakdown
Residential
10,630
Single Family
10,396
Multi-Family
234
Businesses
879
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Listed by: April Stephens • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10134887