421 Cypress Landing TrailChocowinityNC27817
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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
Total monthly income runs $3,264/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 6.04% with $3,264/mo rent. Return on cash invested shows 16.17% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 82.66% and total cumulative return in cash records $176,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,264/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27817, Chocowinity, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,909 (100%) |
| Owner Occupied HU | 2,464 (63.0%) |
| Renter Occupied HU | 719 (18.4%) |
| Vacant Housing Units | 726 (18.6%) |
| Median Home Value | $283,099 |
| Average Home Value | $321,310 |
Housing Distribution
Address Breakdown
Residential
3,457
Single Family
3,457
Multi-Family
0
Businesses
130
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Listed by: SYBIL KIRKNER • eXp Realty
Mls Name: Hive MLS
Mls ID: #100549800