269 Ocean Point #17BoliviaNC28422
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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 Bolivia at 269 Ocean Point #17, Bolivia, NC, 28422 earns $584/mo cash flow from $2,340/mo rent with a $1,410/mo payment. Total monthly income totals $2,340/mo, and annual cash flow totals $7,012/yr on $95,494 capital. ROI tracks 27.25% on current figures, and rental yield reads 9.75% at a $288,065 purchase. Equity gained on principal adds $1,859/yr, and 5% annual appreciation supports $79,587 over five years. Five-year ROI reaches 142.12% and total cumulative return in cash sums $135,717. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,340/mo property income instead of your personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Creig E Northrop • Northrop Realty
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #100502888
Disclaimer: Listing information is deemed reliable, but not guaranteed.