404 Seahawk CourtRichlandsNC28574
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
Investment property for sale in Richlands at 404 Seahawk Court, Richlands, NC, 28574 at $289,900 posts ROI 23.86% with $316/mo cash flow from $2,083/mo rent. Total monthly income equals $2,083/mo, and annual cash flow records $3,793/yr on $96,102 to close. Return on cash invested measures 23.86% and rental yield reads 8.62% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 123.92% and total cumulative return in cash totals $119,085.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,083/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28574, Richlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,158 (100%) |
| Owner Occupied HU | 5,572 (68.3%) |
| Renter Occupied HU | 1,722 (21.1%) |
| Vacant Housing Units | 864 (10.6%) |
| Median Home Value | $235,409 |
| Average Home Value | $266,109 |
Housing Distribution
Address Breakdown
Residential
7,543
Single Family
7,518
Multi-Family
25
Businesses
293
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Listed by: Doris B Ramirez Garcia • REAL Broker LLC
Mls Name: Hive MLS
Mls ID: #100534890