294 N River RdCamdenNC27921
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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
Rental property for sale in Camden at 294 N River Rd, Camden, NC, 27921 priced at $440,000 pairs $2,932/mo rent with $250/mo cash flow after a $2,154/mo payment. Total monthly income equals $2,932/mo, and annual cash flow comes to $3,000/yr on $145,860 invested. Return on cash invested is 21.97% in year one, and rental yield stands at 8% on a $440,000 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,564 by year five. Five-year ROI measures 113.75% and total cumulative return in cash reaches $165,910. For financing, Ziffy Mortgage’s DSCR program evaluates $2,932/mo property income against a $2,154/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27921, Camden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,414 (77.7%) |
| Renter Occupied HU | 282 (15.5%) |
| Vacant Housing Units | 124 ( 6.8%) |
| Median Home Value | $314,149 |
| Average Home Value | $341,273 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
1,945
Multi-Family
83
Businesses
118
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Listed by: Deanna Jones • AtCoastal Realty
Mls Name: REIN Inc.
Mls ID: #10606987