825 Schoolfield Drive Plan, Citadel Point at SouthbridgeSneads 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
Rental property for sale in Sneads Ferry at 825 Schoolfield Drive Plan, Citadel Point at Southbridge, Sneads Ferry, NC, 28460 priced at $349,770 converts $2,591/mo rent into $459/mo cash flow after a $1,712/mo obligation. Total monthly income equals $2,591/mo, and annual cash flow totals $5,511/yr on $115,949 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 8.89% against a $349,770 entry. Equity gained on principal adds $2,257/yr, while 5% annual appreciation compiles into $96,635 by year five. Five-year ROI reaches 128.24% and total cumulative return in cash sums $148,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,591/mo property income covering a $1,712/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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 • Mungo Homes
Mls Name: Mungo Homes, Inc
Mls Provider:
Mls ID: #N/A