317 Heritage WayCameronNC28326
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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
Rental property for sale in Cameron at 317 Heritage Way, Cameron, NC, 28326 priced at $190,000 pairs $1,460/mo rent with $302/mo cash flow after a $930/mo payment. Total monthly income equals $1,460/mo, and annual cash flow comes to $3,624/yr on $62,985 invested. Return on cash invested is 25.66% in year one, and rental yield stands at 9.22% on a $190,000 basis. Equity gained on principal adds $1,226/yr, and 5% annual appreciation accumulates to $52,494 by year five. Five-year ROI measures 133.56% and total cumulative return in cash reaches $84,120. For financing, Ziffy Mortgage’s DSCR program evaluates $1,460/mo property income against a $930/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
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Listed by: JAMI NANCE • EXP REALTY LLC
Mls Name: LPRMLS
Mls Provider:
Mls ID: #752807
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.