581 Ed Thomas RdCameronNC28326
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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 Cameron at 581 Ed Thomas Rd, Cameron, NC, 28326 offers a 9.3% rental yield on a $100,000 purchase with $775/mo rent. Total monthly income registers $775/mo, and a $489/mo payment leaves $166/mo available for distribution. Annual cash flow reaches $1,992/yr on $33,150 to close, and return on cash invested stands at 25.92% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 134.89% and total cumulative return in cash at $44,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $775/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
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Listed by: CHRISTOPHER JARAD PRICE • TRIPP HOME REALTY
Mls Name: LPRMLS
Mls ID: #751706