280 Cornwallis RdTeacheyNC28464
Nearby investment properties with comparable rents
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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 Teachey at 280 Cornwallis Rd, Teachey, NC, 28464 at $250,000 posts ROI 30.49% with $731/mo cash flow from $2,255/mo rent. Total monthly income equals $2,255/mo, and annual cash flow records $8,772/yr on $82,875 to close. Return on cash invested measures 30.49% and rental yield reads 10.82% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 159.48% and total cumulative return in cash totals $132,166.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,255/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28464, Teachey, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,043 (100%) |
| Owner Occupied HU | 613 (58.8%) |
| Renter Occupied HU | 260 (24.9%) |
| Vacant Housing Units | 170 (16.3%) |
| Median Home Value | $252,841 |
| Average Home Value | $295,975 |
Housing Distribution
Address Breakdown
Residential
954
Single Family
954
Multi-Family
0
Businesses
38
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Nearby investment properties with comparable prices
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