502 John Jones RdBahamaNC27503
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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 Bahama at 502 John Jones Rd, Bahama, NC, 27503 at $949,000 posts ROI 8.87% with from $2,872/mo rent. Total monthly income equals $2,872/mo. Return on cash invested measures 8.87% and rental yield reads 3.63% at the current $949,000. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 by year five. Five-year ROI prints 43.49% and total cumulative return in cash totals $135,792. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
24.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27503, Bahama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,337 (86.4%) |
| Renter Occupied HU | 138 ( 8.9%) |
| Vacant Housing Units | 73 ( 4.7%) |
| Median Home Value | $465,718 |
| Average Home Value | $520,632 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
43
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Listed by: Heidi Grable • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls ID: #10131415