7472 Edwards RdCastaliaNC27816
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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 Castalia at 7472 Edwards Rd, Castalia, NC, 27816 earns $625/mo cash flow from $1,752/mo rent with a $905/mo payment. Total monthly income totals $1,752/mo, and annual cash flow totals $7,500/yr on $61,328 capital. ROI tracks 32.14% on current figures, and rental yield reads 11.36% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 168.26% and total cumulative return in cash sums $103,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,752/mo property income instead of your personal income.
Manufactured
Built in 2001
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27816, Castalia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 821 (64.5%) |
| Renter Occupied HU | 297 (23.3%) |
| Vacant Housing Units | 155 (12.2%) |
| Median Home Value | $218,956 |
| Average Home Value | $587,616 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
43
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Listed by: Aiyana Lutkiewicz • Mark Spain Real Estate
Mls Name: Doorify MLS
Mls ID: #10135619