3204 Whichards Beach RoadChocowinityNC27817
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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 Chocowinity at 3204 Whichards Beach Road, Chocowinity, NC, 27817 offers a 3.8% rental yield on a $530,000 purchase with $1,680/mo rent. 39% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 46.29% and total cumulative return in cash at $80,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27817, Chocowinity, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,909 (100%) |
| Owner Occupied HU | 2,464 (63.0%) |
| Renter Occupied HU | 719 (18.4%) |
| Vacant Housing Units | 726 (18.6%) |
| Median Home Value | $283,099 |
| Average Home Value | $321,310 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
130
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Listed by: Emily Sutton • Realty ONE Group East
Mls Name: Hive MLS
Mls ID: #100525489