407 Kimberly DrEdentonNC27932
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
Rental property for sale in Edenton at 407 Kimberly Dr, Edenton, NC, 27932 offers $2,888/mo rent that, after a $2,051/mo payment, leaves $334/mo cash flow. Total monthly income is $2,888/mo, and annual cash flow is $4,010/yr on $138,899 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 8.27% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Five-year ROI records 118.23% and total cumulative return in cash reaches $164,213. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,888/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27932, Edenton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,352 (100%) |
| Owner Occupied HU | 3,602 (56.7%) |
| Renter Occupied HU | 1,643 (25.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $242,050 |
| Average Home Value | $335,888 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,676
Multi-Family
119
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A