317 W Washington StreetBethelNC27812
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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 Bethel at 317 W Washington Street, Bethel, NC, 27812 offers $1,500/mo rent that, after a $1,366/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 17.3% in year one, and rental yield stands at 6.45% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 88.78% and total cumulative return in cash reaches $82,111. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27812, Bethel, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,128 (100%) |
| Owner Occupied HU | 664 (58.9%) |
| Renter Occupied HU | 327 (29.0%) |
| Vacant Housing Units | 137 (12.1%) |
| Median Home Value | $184,868 |
| Average Home Value | $192,176 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
64
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Listed by: Brenda Ochoa • United Real Estate East Carolina
Mls Name: Hive MLS
Mls ID: #100543570