706 Arrowhead TrailEdentonNC27932
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Edenton at 706 Arrowhead Trail, Edenton, NC, 27932 earns $368/mo cash flow from $1,500/mo rent with a $905/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $4,412/yr on $61,294 capital. ROI tracks 27.11% on current figures, and rental yield reads 9.73% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 141.36% and total cumulative return in cash sums $86,647. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
$65 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27932, Edenton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,352 (100%) |
| Owner Occupied HU | 3,602 (56.7%) |
| Renter Occupied HU | 1,643 (25.9%) |
| Vacant Housing Units | 1,107 (17.4%) |
| Median Home Value | $242,050 |
| Average Home Value | $335,888 |
Housing Distribution
Address Breakdown
Residential
5,795
Single Family
5,676
Multi-Family
119
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Hicks • Inner Banks Real Estate Group, Inc.
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100434239
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