604 S Main StBladenboroNC28320
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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
Rental property for sale in Bladenboro at 604 S Main St, Bladenboro, NC, 28320 offers $2,467/mo rent that, after a $1,659/mo payment, leaves $359/mo cash flow. Total monthly income is $2,467/mo, and annual cash flow is $4,313/yr on $112,379 cash. Return on cash invested measures 23.75% in year one, and rental yield stands at 8.73% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 123.48% and total cumulative return in cash reaches $138,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,467/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28320, Bladenboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,930 (100%) |
| Owner Occupied HU | 2,399 (61.0%) |
| Renter Occupied HU | 990 (25.2%) |
| Vacant Housing Units | 541 (13.8%) |
| Median Home Value | $139,826 |
| Average Home Value | $176,453 |
Housing Distribution
Address Breakdown
Residential
3,495
Single Family
3,413
Multi-Family
82
Businesses
192
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Listed by: LEROY RISING • CENTURY 21 The Real Estate Center
Mls Name: LPRMLS
Mls Provider:
Mls ID: #742087
Disclaimer: 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. Information is deemed reliable but not guaranteed.