412 S William Hooker DriveHookertonNC28538
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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 Hookerton at 412 S William Hooker Drive, Hookerton, NC, 28538 uses $34,808 cash to close to unlock $8,424/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,342/mo, and a $514/mo payment keeps the spread at $702/mo. Purchase price stands at $105,000, and rental yield measures 15.34% with $1,342/mo rent. Return on cash invested shows 44.11% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 232.51% and total cumulative return in cash records $80,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,342/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1950
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28538, Hookerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 561 (59.9%) |
| Renter Occupied HU | 268 (28.6%) |
| Vacant Housing Units | 108 (11.5%) |
| Median Home Value | $161,990 |
| Average Home Value | $174,621 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
865
Multi-Family
1
Businesses
48
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Listed by: Amanda Fulford • eXp Realty
Mls Name: Hive MLS
Mls ID: #100534558