249 Pugh RdWancheseNC27981
Nearby investment properties with comparable rents
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
Rental property for sale in Wanchese at 249 Pugh Rd, Wanchese, NC, 27981 offers $3,286/mo rent that, after a $1,953/mo payment, leaves $854/mo cash flow. Total monthly income is $3,286/mo, and annual cash flow is $10,250/yr on $132,269 cash. Return on cash invested measures 27.66% in year one, and rental yield stands at 9.88% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 144.3% and total cumulative return in cash reaches $190,862. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,286/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27981, Wanchese, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 483 (65.4%) |
| Renter Occupied HU | 183 (24.8%) |
| Vacant Housing Units | 73 ( 9.9%) |
| Median Home Value | $328,107 |
| Average Home Value | $351,180 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Audra M Shackelford • The Shackelford Group
Mls Name: OBAR
Mls ID: #130910