306 Joan CourtBeaufortNC28516
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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 Beaufort at 306 Joan Court, Beaufort, NC, 28516 with 5% annual appreciation on a $849,500 basis while $4,424/mo rent supports operations. 83% in year one. Equity gained on principal adds $5,482/yr, and five-year appreciation sums $234,701 alongside rental yield of 6.25%. Five-year ROI measures 86.15% and total cumulative return in cash totals $240,777. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,424/mo property income versus a $4,158/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
1.35 Acres 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: Happiness Willis Clifton • Clifton Properties/Clifton Management & Rentals
Mls Name: Hive MLS
Mls ID: #100540913