2255 Highway 70BeaufortNC28516
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
Investment property for sale in Beaufort at 2255 Highway 70, Beaufort, NC, 28516 earns $609/mo cash flow from $2,312/mo rent with a $1,368/mo payment. Total monthly income totals $2,312/mo, and annual cash flow totals $7,303/yr on $92,654 capital. ROI tracks 27.79% on current figures, and rental yield reads 9.93% at a $279,500 purchase. Equity gained on principal adds $1,804/yr, and 5% annual appreciation supports $77,221 over five years. Five-year ROI reaches 145% and total cumulative return in cash sums $134,348. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,312/mo property income instead of your personal income.
Single Family
Built in 1958
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: Alan T Leary • RE/MAX Ocean Properties
Mls Name: Hive MLS
Mls ID: #100542933