604 Oleander StreetJacksonvilleNC28540
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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 Jacksonville at 604 Oleander Street, Jacksonville, NC, 28540 earns $142/mo cash flow from $2,824/mo rent with a $2,134/mo payment. Total monthly income totals $2,824/mo, and annual cash flow totals $1,703/yr on $144,501 capital. ROI tracks 21.09% on current figures, and rental yield reads 7.77% at a $435,900 purchase. Equity gained on principal adds $2,813/yr, and 5% annual appreciation supports $120,431 over five years. Five-year ROI reaches 109.11% and total cumulative return in cash sums $157,663. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,824/mo property income instead of your personal income.
Single Family
Built in 2013
0.55 Acres lot
$N/A/sqft
$300 annually HOA
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Listed by: Amanda Guest • Carolina Real Estate Group
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100464344
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024-10-17 08:18:46 PDT Hive MLS