510 N Center StMount OliveNC28365
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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 Mount Olive at 510 N Center St, Mount Olive, NC, 28365 listed at $190,000 pairs $1,312/mo rent with a $930/mo payment to leave $154/mo cash flow. Total monthly income runs $1,312/mo, and annual cash flow reaches $1,848/yr on $62,985 cash to close. Return on cash invested measures 22.84% in year one, and rental yield registers 8.29% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 118.45% and total cumulative return in cash totals $74,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,312/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28365, Mount Olive, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,782 (100%) |
| Owner Occupied HU | 3,694 (54.5%) |
| Renter Occupied HU | 1,828 (27.0%) |
| Vacant Housing Units | 1,260 (18.6%) |
| Median Home Value | $156,304 |
| Average Home Value | $174,143 |
Housing Distribution
Address Breakdown
Residential
6,316
Single Family
6,245
Multi-Family
71
Businesses
505
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Listed by: N/A • N/A
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