2395 Us Hwy 220EllerbeNC28338
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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 Ellerbe at 2395 Us Hwy 220, Ellerbe, NC, 28338 earns from $0/mo rent with a $1,170/mo payment. Total monthly income totals $0/mo. ROI tracks -2.16% on current figures, and rental yield reads 0% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1942
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28338, Ellerbe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,271 (63.7%) |
| Renter Occupied HU | 438 (22.0%) |
| Vacant Housing Units | 286 (14.3%) |
| Median Home Value | $215,594 |
| Average Home Value | $339,689 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
93
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jill McLester • Pine & Palm Real Estate Group
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100460460
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2024-10-17 08:18:46 PDT Hive MLS