3451 Marlin Drive SEBoliviaNC28422
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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 Bolivia at 3451 Marlin Drive SE, Bolivia, NC, 28422 listed at $157,000 pairs $1,218/mo rent with a $768/mo payment to leave $262/mo cash flow. Total monthly income runs $1,218/mo, and annual cash flow reaches $3,139/yr on $52,046 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 9.31% at a $157,000 basis. Equity gained on principal adds $1,013/yr, and annual property appreciation at 5% supports $43,376 by year five. Five-year ROI tracks 135.1% and total cumulative return in cash totals $70,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,218/mo property income relative to a $768/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Lori Rooker • Water Pointe Realty, Inc.
Mls Name: Hive MLS
Mls ID: #100548601