25251 Lee Oneal Ln Lot 3WavesNC27982
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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
Total monthly income runs $4,535/mo, and a $9,765/mo payment. Purchase price stands at $1,995,000, and rental yield measures 2.73% with $4,535/mo rent. Return on cash invested shows 6.22% in year one, and 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 29.18% and total cumulative return in cash records $188,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,535/mo property income covering a $9,765/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27982, Waves, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 70 (18.3%) |
| Renter Occupied HU | 16 ( 4.2%) |
| Vacant Housing Units | 296 (77.5%) |
| Median Home Value | $431,250 |
| Average Home Value | $553,929 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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Listed by: Megan Griffin • Surf or Sound Realty - Rodanthe
Mls Name: OBAR
Mls ID: #131630