354 Belgrade Swansboro RoadStellaNC28582
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
Rental property for sale in Stella at 354 Belgrade Swansboro Road, Stella, NC, 28582 priced at $289,900 converts $1,390/mo rent into after a $1,419/mo obligation. Total monthly income equals $1,390/mo. Return on cash invested prints 15.2% in year one, and rental yield reads 5.75% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 77.53% and total cumulative return in cash sums $74,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,390/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Manufactured
Built in 1986
5.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28582, Stella, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 988 (100%) |
| Owner Occupied HU | 714 (72.3%) |
| Renter Occupied HU | 99 (10.0%) |
| Vacant Housing Units | 175 (17.7%) |
| Median Home Value | $401,923 |
| Average Home Value | $501,936 |
Housing Distribution
Address Breakdown
Residential
950
Single Family
950
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger T Burns • Racing Realty USA, LLC
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100486330
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-20 16:55:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-02-20 16:55:29 PST Hive MLS