377 Knollwood DriveHampsteadNC28443
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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 Hampstead at 377 Knollwood Drive, Hampstead, NC, 28443 priced at $410,000 pairs $2,512/mo rent with $13/mo cash flow after a $2,007/mo payment. Total monthly income equals $2,512/mo, and annual cash flow comes to $156/yr on $135,915 invested. Return on cash invested is 20.02% in year one, and rental yield stands at 7.35% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 103.33% and total cumulative return in cash reaches $140,435. For financing, Ziffy Mortgage’s DSCR program evaluates $2,512/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.30 Acres 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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Listed by: Jess A Krantz • Intracoastal Realty Corp.
Mls Name: Hive MLS
Mls ID: #100548252