313 Ruby Baird Drive Lot 8Sneads 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 Drive Lot 8, Sneads Ferry, NC, 28460 at $416,472 posts ROI 24.83% with $567/mo cash flow from $3,166/mo rent. Total monthly income equals $3,166/mo, and annual cash flow records $6,799/yr on $138,060 to close. Return on cash invested measures 24.83% and rental yield reads 9.12% at the current $416,472. Equity gained on principal adds $2,687/yr, and 5% annual appreciation supports $115,064 by year five. Five-year ROI prints 129.32% and total cumulative return in cash totals $178,539.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,166/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$740 annually 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: Jessica D Overby • Mungo Homes
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100472534
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-21 21:29:37 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2025-02-21 21:29:37 PST Hive MLS