313 Ruby Baird DrSneads FerryNC28460
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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 Sneads Ferry at 313 Ruby Baird Dr, Sneads Ferry, NC, 28460 uses $130,114 cash to close to unlock $9,288/yr annual cash flow and $774/mo monthly cash flow. Total monthly income runs $3,166/mo, and a $1,921/mo payment keeps the spread at $774/mo. Purchase price stands at $392,500, and rental yield measures 9.68% with $3,166/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $108,441 over five years. Five-year ROI reaches 140.98% and total cumulative return in cash records $183,433. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,166/mo property income covering a $1,921/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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
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Listed by: N/A • N/A
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A