607 Woodgate DrBosticNC28018
Nearby investment properties with comparable rents
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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 Bostic at 607 Woodgate Dr, Bostic, NC, 28018 listed at $574,900 pairs $2,472/mo rent with a $2,814/mo payment. Total monthly income runs $2,472/mo. Return on cash invested measures 13.51% in year one, and rental yield registers 5.16% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 68.41% and total cumulative return in cash totals $129,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,472/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28018, Bostic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,714 (100%) |
| Owner Occupied HU | 1,791 (66.0%) |
| Renter Occupied HU | 432 (15.9%) |
| Vacant Housing Units | 491 (18.1%) |
| Median Home Value | $217,233 |
| Average Home Value | $303,945 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
127
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Listed by: Rebecca Condrey • RE/MAX Living
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325377