74 Bandana WayCameronNC28326
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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 Cameron at 74 Bandana Way, Cameron, NC, 28326 priced at $399,900 pairs $3,034/mo rent with $597/mo cash flow after a $1,957/mo payment. Total monthly income equals $3,034/mo, and annual cash flow comes to $7,165/yr on $132,567 invested. Return on cash invested is 25.31% in year one, and rental yield stands at 9.1% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 131.73% and total cumulative return in cash reaches $174,632. For financing, Ziffy Mortgage’s DSCR program evaluates $3,034/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2014
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
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Listed by: Jacquelyn Tingen • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10128598