434 Meeting StreetBeaufortNC28516
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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 Beaufort at 434 Meeting Street, Beaufort, NC, 28516 listed at $339,500 pairs $2,510/mo rent with a $1,662/mo payment to leave $441/mo cash flow. Total monthly income runs $2,510/mo, and annual cash flow reaches $5,287/yr on $112,544 cash to close. Return on cash invested measures 24.61% in year one, and rental yield registers 8.87% at a $339,500 basis. Equity gained on principal adds $2,191/yr, and annual property appreciation at 5% supports $93,798 by year five. Five-year ROI tracks 127.92% and total cumulative return in cash totals $143,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,510/mo property income relative to a $1,662/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: Alan T Leary • RE/MAX Ocean Properties
Mls Name: Hive MLS
Mls ID: #100540719