9413 Nc-304MesicNC28515
Nearby investment properties with comparable rents
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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 Mesic at 9413 Nc-304, Mesic, NC, 28515 uses $61,294 cash to close to unlock $4,189/yr annual cash flow and $349/mo monthly cash flow. Total monthly income runs $1,476/mo, and a $905/mo payment keeps the spread at $349/mo. Purchase price stands at $184,900, and rental yield measures 9.58% with $1,476/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 139.44% and total cumulative return in cash records $85,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,476/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28515, Bayboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 732 (58.8%) |
| Renter Occupied HU | 240 (19.3%) |
| Vacant Housing Units | 272 (21.9%) |
| Median Home Value | $149,653 |
| Average Home Value | $218,374 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
912
Multi-Family
8
Businesses
133
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Listed by: Kacy Cline Forbes • Realty ONE Group East
Mls Name: Hive MLS
Mls ID: #100529415