402 Ponzer Court NHolly RidgeNC28445
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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 Holly Ridge at 402 Ponzer Court N, Holly Ridge, NC, 28445 generates $2,702/mo in rent, after a $2,447/mo payment. Total monthly income is $2,702/mo. Return on cash invested sits at 17.41% in year one, and rental yield is 6.48% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 89.32% and total cumulative return in cash sums $148,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,702/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28445, Holly Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,156 (100%) |
| Owner Occupied HU | 4,002 (39.4%) |
| Renter Occupied HU | 1,043 (10.3%) |
| Vacant Housing Units | 5,111 (50.3%) |
| Median Home Value | $376,587 |
| Average Home Value | $435,780 |
Housing Distribution
Address Breakdown
Residential
6,217
Single Family
6,134
Multi-Family
83
Businesses
499
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Listed by: Justin Virts • eXp Realty
Mls Name: Hive MLS
Mls ID: #100545040