460 Clayton Carriker RdEllerbeNC28338
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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 Ellerbe at 460 Clayton Carriker Rd, Ellerbe, NC, 28338 generates $1,520/mo in rent and, after a $1,028/mo payment, leaves $240/mo in cash flow. Total monthly income is $1,520/mo, and annual cash flow is $2,880/yr on $69,615 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 8.69% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 124.87% and total cumulative return in cash sums $86,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,520/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28338, Ellerbe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,995 (100%) |
| Owner Occupied HU | 1,271 (63.7%) |
| Renter Occupied HU | 438 (22.0%) |
| Vacant Housing Units | 286 (14.3%) |
| Median Home Value | $215,594 |
| Average Home Value | $339,689 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
93
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