259 E Poplar StBladenboroNC28320
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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
Rental property for sale in Bladenboro at 259 E Poplar St, Bladenboro, NC, 28320 priced at $249,000 converts $1,320/mo rent into after a $1,219/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 17.03% in year one, and rental yield reads 6.36% against a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation compiles into $68,794 by year five. Five-year ROI reaches 87.35% and total cumulative return in cash sums $72,104. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $1,219/mo payment, not borrower’s personal income.
Single Family
Built in 2023
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28320, Bladenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,930 (100%) |
| Owner Occupied HU | 2,399 (61.0%) |
| Renter Occupied HU | 990 (25.2%) |
| Vacant Housing Units | 541 (13.8%) |
| Median Home Value | $139,826 |
| Average Home Value | $176,453 |
Housing Distribution
Address Breakdown
Residential
3,495
Single Family
3,413
Multi-Family
82
Businesses
192
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Listed by: DEBORAH PARKER • DEBORAH PARKER REALTY, INC.
Mls Name: LPRMLS
Mls ID: #749004