2314 Flowery Branch DrCastle HayneNC28429
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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
Rental property for sale in Castle Hayne at 2314 Flowery Branch Dr, Castle Hayne, NC, 28429 generates $2,874/mo in rent, after a $2,320/mo payment. Total monthly income is $2,874/mo. Return on cash invested sits at 19.8% in year one, and rental yield is 7.27% on a $474,100 entry. Equity gained on principal adds $3,059/yr, while 5% annual appreciation builds toward $130,985 over five years. Five-year ROI reaches 102.13% and total cumulative return in cash sums $160,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,874/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28429, Castle Hayne, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,098 (100%) |
| Owner Occupied HU | 3,099 (75.6%) |
| Renter Occupied HU | 699 (17.1%) |
| Vacant Housing Units | 300 ( 7.3%) |
| Median Home Value | $361,361 |
| Average Home Value | $445,607 |
Housing Distribution
Address Breakdown
Residential
4,380
Single Family
4,380
Multi-Family
0
Businesses
241
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Listed by: N/A • N/A
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A