2451 Kodiak DriveWintervilleNC28590
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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 Winterville at 2451 Kodiak Drive, Winterville, NC, 28590 uses $112,379 cash to close to unlock $9,926/yr annual cash flow and $827/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $1,659/mo payment keeps the spread at $827/mo. Purchase price stands at $339,000, and rental yield measures 10.24% with $2,893/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 150.12% and total cumulative return in cash records $168,700. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28590, Winterville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,139 (100%) |
| Owner Occupied HU | 8,173 (67.3%) |
| Renter Occupied HU | 3,263 (26.9%) |
| Vacant Housing Units | 703 ( 5.8%) |
| Median Home Value | $279,164 |
| Average Home Value | $290,228 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
11,249
Multi-Family
1,005
Businesses
674
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Listed by: KINSEY JUNE • Keller Williams Realty Points East
Mls Name: Hive MLS
Mls ID: #100548869