241 Mountain Lookout DrBosticNC28018
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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 Bostic at 241 Mountain Lookout Dr, Bostic, NC, 28018 at $849,500 posts ROI 15.82% with from $4,189/mo rent. Total monthly income equals $4,189/mo. Return on cash invested measures 15.82% and rental yield reads 5.92% at the current $849,500. Equity gained on principal adds $5,482/yr, and 5% annual appreciation supports $234,701 by year five. Five-year ROI prints 80.74% and total cumulative return in cash totals $225,645. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,189/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
15.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28018, Bostic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,714 (100%) |
| Owner Occupied HU | 1,791 (66.0%) |
| Renter Occupied HU | 432 (15.9%) |
| Vacant Housing Units | 491 (18.1%) |
| Median Home Value | $217,233 |
| Average Home Value | $303,945 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
127
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Nearby investment properties with comparable prices
Listed by: Ivette Drumgool • Allen Tate Beverly-Hanks Realty
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1553177
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.