Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corapeake at 41 Thicket Rd, Corapeake, NC, 27926 at $275,000 posts ROI 31.44% with $876/mo cash flow from $2,552/mo rent. Total monthly income equals $2,552/mo, and annual cash flow records $10,512/yr on $91,163 to close. Return on cash invested measures 31.44% and rental yield reads 11.14% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 164.53% and total cumulative return in cash totals $149,987.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,552/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 27926, Corapeake, NC area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 543 (71.8%) |
| Renter Occupied HU | 118 (15.6%) |
| Vacant Housing Units | 95 (12.6%) |
| Median Home Value | $253,346 |
| Average Home Value | $304,254 |
Residential
652
Single Family
652
Multi-Family
0
Businesses
12
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $1876.81 | N/A | $188,727 | N/A |
| 2022-10-14 | $1876.81 | 5.29% | $188,727 | N/A |
| 2021-10-14 | $1782.44 | N/A | $188,727 | N/A |
Listed by: Leslie Coleman • Own Real Estate LLC
Mls Name: REIN Inc.
Mls Provider:
Mls ID: #10552787
Disclaimer: The listings data displayed on this medium comes in part from the Real Estate Information Network, Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. Copyright 2024 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2024-10-14 09:17:36 PDT. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. This application does not include information on all of the properties available for sale at this time.
