47 Thomas LaneHampsteadNC28443
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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 Hampstead at 47 Thomas Lane, Hampstead, NC, 28443 priced at $479,900 pairs $2,621/mo rent with after a $2,349/mo payment. Total monthly income equals $2,621/mo. Return on cash invested is 17.62% in year one, and rental yield stands at 6.55% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. Five-year ROI measures 90.45% and total cumulative return in cash reaches $143,901. For financing, Ziffy Mortgage’s DSCR program evaluates $2,621/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28443, Hampstead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 9,436 (67.9%) |
| Renter Occupied HU | 2,390 (17.2%) |
| Vacant Housing Units | 2,064 (14.9%) |
| Median Home Value | $417,206 |
| Average Home Value | $465,947 |
Housing Distribution
Address Breakdown
Residential
12,362
Single Family
11,362
Multi-Family
1,000
Businesses
716
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Listed by: Jason W Johnson • Berkshire Hathaway HomeServices Carolina Premier Properties
Mls Name: Hive MLS
Mls ID: #100546826