604 Coral Reef CourtSneads FerryNC28460
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
Total monthly income runs $2,249/mo, and a $1,903/mo payment. Purchase price stands at $388,900, and rental yield measures 6.94% with $2,249/mo rent. Return on cash invested shows 18.79% in year one, and 5% annual appreciation builds toward $107,446 over five years. Five-year ROI reaches 96.72% and total cumulative return in cash records $124,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,249/mo property income covering a $1,903/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Oliver-Kingrey • eXp Realty
Mls Name: Hive MLS
Mls ID: #100544528