3388 Highway 13 SSnow HillNC28580
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Snow Hill at 3388 Highway 13 S, Snow Hill, NC, 28580 earns $373/mo cash flow from $1,775/mo rent with a $1,126/mo payment. Total monthly income totals $1,775/mo, and annual cash flow totals $4,476/yr on $76,245 capital. ROI tracks 25.78% on current figures, and rental yield reads 9.26% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 134.18% and total cumulative return in cash sums $102,307. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,775/mo property income instead of your personal income.
Single Family
Built in 1950
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28580, Snow Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,435 (100%) |
| Owner Occupied HU | 2,710 (61.1%) |
| Renter Occupied HU | 1,270 (28.6%) |
| Vacant Housing Units | 455 (10.3%) |
| Median Home Value | $154,730 |
| Average Home Value | $196,928 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,998
Multi-Family
64
Businesses
355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Regina Simpson • Local to Coastal Realty
Mls Name: Doorify MLS
Mls ID: #10139147