515 State Highway 343 NCamdenNC27921
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Camden at 515 State Highway 343 N, Camden, NC, 27921 uses $179,305 cash to close to unlock $1,200/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $3,422/mo, and a $2,668/mo payment keeps the spread at $100/mo. Purchase price stands at $545,000, and rental yield measures 7.53% with $3,422/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 107.08% and total cumulative return in cash records $192,000. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,422/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 2023
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27921, Camden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,820 (100%) |
| Owner Occupied HU | 1,414 (77.7%) |
| Renter Occupied HU | 282 (15.5%) |
| Vacant Housing Units | 124 ( 6.8%) |
| Median Home Value | $314,149 |
| Average Home Value | $341,273 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
1,945
Multi-Family
83
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris Weaver • Atlantic Sothebys Int'l Realty
Mls Name: REIN Inc.
Mls ID: #10609578