457 Jasmine WayBurgawNC28425
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Nearby investment properties with comparable prices
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 Burgaw at 457 Jasmine Way, Burgaw, NC, 28425 priced at $369,900 pairs $2,927/mo rent with $673/mo cash flow after a $1,810/mo payment. Total monthly income equals $2,927/mo, and annual cash flow comes to $8,077/yr on $122,622 invested. Return on cash invested is 26.5% in year one, and rental yield stands at 9.5% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 138.06% and total cumulative return in cash reaches $169,294. For financing, Ziffy Mortgage’s DSCR program evaluates $2,927/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28425, Burgaw, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,855 (100%) |
| Owner Occupied HU | 3,104 (63.9%) |
| Renter Occupied HU | 1,006 (20.7%) |
| Vacant Housing Units | 745 (15.3%) |
| Median Home Value | $244,820 |
| Average Home Value | $278,119 |
Housing Distribution
Address Breakdown
Residential
4,311
Single Family
4,113
Multi-Family
198
Businesses
491
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Listed by: Kim Chesley • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100540861