7723 Johnson Mill RdBahamaNC27503
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play7723 Johnson Mill Rd, Bahama, NC, 27503 in Bahama is priced for appreciation, not yield. Rental yield 4.72%. At $707,000 with a 4.72% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $195,331 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.87) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $169,364.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(1,530) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,779 |
| Total Monthly Debt Service | $4,028 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1957
26.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27503, Bahama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,337 (86.4%) |
| Renter Occupied HU | 138 ( 8.9%) |
| Vacant Housing Units | 73 ( 4.7%) |
| Median Home Value | $465,718 |
| Average Home Value | $520,632 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
43
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
Single Family
Built in 1957
26.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27503, Bahama, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,548 (100%) |
| Owner Occupied HU | 1,337 (86.4%) |
| Renter Occupied HU | 138 ( 8.9%) |
| Vacant Housing Units | 73 ( 4.7%) |
| Median Home Value | $465,718 |
| Average Home Value | $520,632 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jarin Frederick • Peak, Swirles & Cavallito
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093309
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.