27197 Jackson Rd LOT 5RSalvoNC27972
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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 Salvo at 27197 Jackson Rd LOT 5R, Salvo, NC, 27972 projects strong ROI of 6.61%. Rental yield 2.86%. With 5% annual appreciation, the property builds $635,448 in value over five years. Equity growth combined delivers a projected five-year ROI of 31.3%, translating into $233,275 in total cumulative return on $745,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2005
1.30 Acres 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
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Listed by: Trisha Midgett & Team • Midgett Realty - Rodanthe
Mls Name: OBAR
Mls Provider:
Mls ID: #128844
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.