306 Long Pond DriveSneads FerryNC28460
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 Sneads Ferry at 306 Long Pond Drive, Sneads Ferry, NC, 28460 generates $1,756/mo in rent, after a $1,542/mo payment. Total monthly income is $1,756/mo. Return on cash invested sits at 18.02% in year one, and rental yield is 6.69% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 92.59% and total cumulative return in cash sums $96,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,756/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janene M Smith • The Oceanaire Realty
Mls Name: Hive MLS
Mls ID: #100536269