23213 Jademaca Dr LOT 10RodantheNC27968
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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 Rodanthe at 23213 Jademaca Dr LOT 10, Rodanthe, NC, 27968 earns $421/mo cash flow from $2,645/mo rent with a $1,786/mo payment. Total monthly income totals $2,645/mo, and annual cash flow totals $5,053/yr on $120,964 capital. ROI tracks 24.09% on current figures, and rental yield reads 8.7% at a $364,900 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,815 over five years. Five-year ROI reaches 125.15% and total cumulative return in cash sums $151,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,645/mo property income instead of your personal income.
Single Family
Built in 1998
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27968, Rodanthe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 553 (100%) |
| Owner Occupied HU | 89 (16.1%) |
| Renter Occupied HU | 16 ( 2.9%) |
| Vacant Housing Units | 448 (81.0%) |
| Median Home Value | $390,625 |
| Average Home Value | $463,904 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
60
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Listed by: Richard Hess • Sun Realty - KDH
Mls Name: OBAR
Mls Provider:
Mls ID: #125127
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.