2719 Oberry RoadMount OliveNC28365
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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 Mount Olive at 2719 Oberry Road, Mount Olive, NC, 28365 offers a 8.12% rental yield on a $270,500 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $1,324/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,177/yr on $89,671 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,745/yr while 5% annual appreciation supports $74,734 over five years. Portfolio math shows five-year ROI at 115.76% and total cumulative return in cash at $103,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,324/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28365, Mount Olive, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,782 (100%) |
| Owner Occupied HU | 3,694 (54.5%) |
| Renter Occupied HU | 1,828 (27.0%) |
| Vacant Housing Units | 1,260 (18.6%) |
| Median Home Value | $156,304 |
| Average Home Value | $174,143 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
6,245
Multi-Family
71
Businesses
505
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Listed by: Jesse Lancaster • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100534581