3050 Bayview DrVassNC28394
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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 Vass at 3050 Bayview Dr, Vass, NC, 28394 offers a 8.23% rental yield on a $384,940 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,884/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,689/yr on $127,608 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,352 over five years. Portfolio math shows five-year ROI at 114.28% and total cumulative return in cash at $145,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
$840 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28394, Vass, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,900 (67.2%) |
| Renter Occupied HU | 616 (21.8%) |
| Vacant Housing Units | 310 (11.0%) |
| Median Home Value | $346,532 |
| Average Home Value | $432,871 |
Housing Distribution
Address Breakdown
Residential
2,565
Single Family
2,565
Multi-Family
0
Businesses
155
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Listed by: JANET ROGERS • DR HORTON INC.
Mls Name: LPRMLS
Mls Provider:
Mls ID: #750679
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.