672 Edgeside Dr SEBoliviaNC28422
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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 Bolivia at 672 Edgeside Dr SE, Bolivia, NC, 28422 offers $2,542/mo rent that, after a $1,943/mo payment, leaves $123/mo cash flow. Total monthly income is $2,542/mo, and annual cash flow is $1,473/yr on $131,572 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 7.69% at a $396,900 entry. Equity gained on principal adds $2,561/yr while 5% annual appreciation compounds into $109,656 by year five. Five-year ROI records 108.72% and total cumulative return in cash reaches $143,043. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,542/mo property income versus a $1,943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Nicole Maggio-Deaton • Chesapeake Homes - Coastal North Carolina Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000365
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.