613 Mulberry StreetBeaufortNC28516
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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 Beaufort at 613 Mulberry Street, Beaufort, NC, 28516 offers a 4.14% rental yield on a $497,500 purchase with $1,716/mo rent. 33% in year one. Equity gained on principal adds $3,210/yr while 5% annual appreciation supports $137,450 over five years. Portfolio math shows five-year ROI at 51.36% and total cumulative return in cash at $84,699. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,716/mo property income against a $2,435/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: James (Jimmy) W Paylor • RE/MAX Ocean Properties
Mls Name: Hive MLS
Mls ID: #100546700