301 Broad StreetBeaufortNC28516
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
Rental property for sale in Beaufort at 301 Broad Street, Beaufort, NC, 28516 offers $2,834/mo rent that, after a $6,852/mo payment. Total monthly income is $2,834/mo. Return on cash invested measures 5.3% in year one, and rental yield stands at 2.43% at a $1,399,900 entry. Equity gained on principal adds $9,033/yr while 5% annual appreciation compounds into $386,767 by year five. Five-year ROI records 24.26% and total cumulative return in cash reaches $110,016. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,834/mo property income versus a $6,852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1883
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: Mary Cheatham King Real Estate team • Keller Williams Crystal Coast
Mls Name: Hive MLS
Mls ID: #100524579