3831 Bucklin Dr NEElm CityNC27822
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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 Elm City at 3831 Bucklin Dr NE, Elm City, NC, 27822 listed at $250,000 pairs $1,080/mo rent with a $1,224/mo payment. Total monthly income runs $1,080/mo. Return on cash invested measures 13.48% in year one, and rental yield registers 5.18% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 68.23% and total cumulative return in cash totals $56,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27822, Elm City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,733 (100%) |
| Owner Occupied HU | 2,723 (72.9%) |
| Renter Occupied HU | 693 (18.6%) |
| Vacant Housing Units | 317 ( 8.5%) |
| Median Home Value | $192,828 |
| Average Home Value | $231,340 |
Housing Distribution
Address Breakdown
Residential
3,484
Single Family
3,484
Multi-Family
0
Businesses
152
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Listed by: Chuck Williamson • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10138241