4044 Nc 11WillardNC28478
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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 Willard at 4044 Nc 11, Willard, NC, 28478 uses $70,941 cash to close to unlock $5,498/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $1,047/mo payment keeps the spread at $458/mo. Purchase price stands at $214,000, and rental yield measures 9.88% with $1,762/mo rent. Return on cash invested shows 27.66% in year one, and 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 144.34% and total cumulative return in cash records $102,395. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $1,047/mo payment rather than investor’s personal income.
Single Family
Built in 1936
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28478, Willard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,205 (100%) |
| Owner Occupied HU | 1,475 (66.9%) |
| Renter Occupied HU | 365 (16.6%) |
| Vacant Housing Units | 365 (16.6%) |
| Median Home Value | $170,319 |
| Average Home Value | $253,061 |
Housing Distribution
Address Breakdown
Residential
2,016
Single Family
2,016
Multi-Family
0
Businesses
79
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Listed by: Andrew Smith • Coastal Realty Associates LLC
Mls Name: Hive MLS
Mls ID: #100544467