415 Bay Bush RoadVanceboroNC28586
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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
Rental property for sale in Vanceboro at 415 Bay Bush Road, Vanceboro, NC, 28586 offers $2,704/mo rent that, after a $2,178/mo payment. Total monthly income is $2,704/mo. Return on cash invested measures 19.84% in year one, and rental yield stands at 7.29% at a $445,000 entry. Equity gained on principal adds $2,872/yr while 5% annual appreciation compounds into $122,945 by year five. Five-year ROI records 102.36% and total cumulative return in cash reaches $151,004. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $2,178/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28586, Vanceboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,283 (100%) |
| Owner Occupied HU | 2,113 (64.4%) |
| Renter Occupied HU | 700 (21.3%) |
| Vacant Housing Units | 470 (14.3%) |
| Median Home Value | $204,813 |
| Average Home Value | $301,394 |
Housing Distribution
Address Breakdown
Residential
3,222
Single Family
3,198
Multi-Family
24
Businesses
191
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Listed by: KRISTI LYNN MASON • UNITED REAL ESTATE COASTAL RIVERS
Mls Name: Hive MLS
Mls ID: #100534900