35 Paradise LnHampsteadNC28443
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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 Hampstead at 35 Paradise Ln, Hampstead, NC, 28443 uses $41,438 cash to close to unlock $2,376/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $960/mo, and a $612/mo payment keeps the spread at $198/mo. Purchase price stands at $125,000, and rental yield measures 9.22% with $960/mo rent. Return on cash invested shows 25.64% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 133.46% and total cumulative return in cash records $55,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $960/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28443, Hampstead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 9,436 (67.9%) |
| Renter Occupied HU | 2,390 (17.2%) |
| Vacant Housing Units | 2,064 (14.9%) |
| Median Home Value | $417,206 |
| Average Home Value | $465,947 |
Housing Distribution
Address Breakdown
Residential
12,362
Single Family
11,362
Multi-Family
1,000
Businesses
716
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