26239 Rampart St LOT 13SalvoNC27972
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
Investment property for sale in Salvo at 26239 Rampart St LOT 13, Salvo, NC, 27972 earns from $3,160/mo rent with a $2,687/mo payment. Total monthly income totals $3,160/mo. ROI tracks 18.83% on current figures, and rental yield reads 6.91% at a $549,000 purchase. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 over five years. Five-year ROI reaches 96.9% and total cumulative return in cash sums $175,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,160/mo property income instead of your personal income.
Single Family
Built in 1985
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27972, Salvo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 665 (100%) |
| Owner Occupied HU | 111 (16.7%) |
| Renter Occupied HU | 28 ( 4.2%) |
| Vacant Housing Units | 526 (79.1%) |
| Median Home Value | $390,385 |
| Average Home Value | $504,279 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
1
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Midgett • Midgett Realty - Avon
Mls Name: OBAR
Mls ID: #131436