4118 Melissa DriveFarmvilleNC27828
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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 Farmville at 4118 Melissa Drive, Farmville, NC, 27828 earns $468/mo cash flow from $1,498/mo rent with a $827/mo payment. Total monthly income totals $1,498/mo, and annual cash flow totals $5,618/yr on $56,024 capital. ROI tracks 29.94% on current figures, and rental yield reads 10.64% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 156.57% and total cumulative return in cash sums $87,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,498/mo property income instead of your personal income.
Single Family
Built in 1966
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27828, Farmville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,865 (100%) |
| Owner Occupied HU | 2,133 (55.2%) |
| Renter Occupied HU | 1,215 (31.4%) |
| Vacant Housing Units | 517 (13.4%) |
| Median Home Value | $219,294 |
| Average Home Value | $249,511 |
Housing Distribution
Address Breakdown
Residential
3,775
Single Family
3,699
Multi-Family
76
Businesses
362
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Listed by: GENA BRALEY • B & B REALTY
Mls Name: Hive MLS
Mls ID: #100520170