802 Ring Bill Ct LOT 340Sneads FerryNC28460
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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 Sneads Ferry at 802 Ring Bill Ct LOT 340, Sneads Ferry, NC, 28460 earns $661/mo cash flow from $3,166/mo rent with a $2,012/mo payment. Total monthly income totals $3,166/mo, and annual cash flow totals $7,930/yr on $136,243 capital. ROI tracks 25.73% on current figures, and rental yield reads 9.24% at a $410,990 purchase. Equity gained on principal adds $2,652/yr, and 5% annual appreciation supports $113,549 over five years. Five-year ROI reaches 133.92% and total cumulative return in cash sums $182,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,166/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A