28 W Farley Drive #98HampsteadNC28443
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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
Rental property for sale in Hampstead at 28 W Farley Drive #98, Hampstead, NC, 28443 generates $2,832/mo in rent and, after a $1,489/mo payment, leaves $978/mo in cash flow. Total monthly income is $2,832/mo, and annual cash flow is $11,734/yr on $100,879 invested. Return on cash invested sits at 31.54% in year one, and rental yield is 11.17% on a $304,312 entry. Equity gained on principal adds $1,964/yr, while 5% annual appreciation builds toward $84,076 over five years. Five-year ROI reaches 165.09% and total cumulative return in cash sums $166,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,832/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28443, Hampstead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 9,436 (67.9%) |
| Renter Occupied HU | 2,390 (17.2%) |
| Vacant Housing Units | 2,064 (14.9%) |
| Median Home Value | $417,206 |
| Average Home Value | $465,947 |
Housing Distribution
Address Breakdown
Residential
12,362
Single Family
11,362
Multi-Family
1,000
Businesses
716
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Listed by: Logan Homes Team • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100524287