290 Collie RdCastaliaNC27816
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Castalia at 290 Collie Rd, Castalia, NC, 27816 at $999,999 posts ROI 6.79% with from $2,456/mo rent. Total monthly income equals $2,456/mo. Return on cash invested measures 6.79% and rental yield reads 2.95% at the current $999,999. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 by year five. Five-year ROI prints 32.33% and total cumulative return in cash totals $106,359. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,456/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
88.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27816, Castalia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 821 (64.5%) |
| Renter Occupied HU | 297 (23.3%) |
| Vacant Housing Units | 155 (12.2%) |
| Median Home Value | $218,956 |
| Average Home Value | $587,616 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Shaylan Good • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10084994
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