471 Galloping Foal Way SE #98BoliviaNC28422
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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 Bolivia at 471 Galloping Foal Way SE #98, Bolivia, NC, 28422 generates $2,340/mo in rent and, after a $1,587/mo payment, leaves $364/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $4,366/yr on $107,497 invested. Return on cash invested sits at 23.97% in year one, and rental yield is 8.66% on a $324,274 entry. Equity gained on principal adds $2,092/yr, while 5% annual appreciation builds toward $89,591 over five years. Five-year ROI reaches 124.49% and total cumulative return in cash sums $133,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Angie K Reels • Mungo Homes
Mls Name: Hive MLS
Mls ID: #100550126