2744 Ocean View Avenue SWSupplyNC28462
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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 Supply at 2744 Ocean View Avenue SW, Supply, NC, 28462 offers a 10.04% rental yield on a $200,000 purchase with $1,673/mo rent. Total monthly income registers $1,673/mo, and a $979/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,448/yr on $66,300 to close, and return on cash invested stands at 28.13% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 146.78% and total cumulative return in cash at $97,316. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,673/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28462, Supply, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,489 (100%) |
| Owner Occupied HU | 5,220 (41.8%) |
| Renter Occupied HU | 1,286 (10.3%) |
| Vacant Housing Units | 5,983 (47.9%) |
| Median Home Value | $313,882 |
| Average Home Value | $390,268 |
Housing Distribution
Address Breakdown
Residential
8,202
Single Family
8,194
Multi-Family
8
Businesses
381
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Listed by: Karen M Mitchell • PROACTIVE Real Estate
Mls Name: Hive MLS
Mls ID: #100518832