360 Bronze DriveRocky PointNC28457
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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
Rental property for sale in Rocky Point at 360 Bronze Drive, Rocky Point, NC, 28457 generates $3,316/mo in rent and, after a $2,055/mo payment, leaves $757/mo in cash flow. Total monthly income is $3,316/mo, and annual cash flow is $9,085/yr on $139,197 invested. Return on cash invested sits at 26.44% in year one, and rental yield is 9.48% on a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $191,736. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,316/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28457, Rocky Point, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,436 (100%) |
| Owner Occupied HU | 4,009 (73.7%) |
| Renter Occupied HU | 910 (16.7%) |
| Vacant Housing Units | 517 ( 9.5%) |
| Median Home Value | $292,108 |
| Average Home Value | $319,749 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,804
Multi-Family
0
Businesses
194
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Listed by: Caroline B Watkins • BlueCoast Realty Corporation
Mls Name: Hive MLS
Mls ID: #100523797