973 Highway 91Snow HillNC28580
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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 Snow Hill at 973 Highway 91, Snow Hill, NC, 28580 earns $301/mo cash flow from $1,489/mo rent with a $954/mo payment. Total monthly income totals $1,489/mo, and annual cash flow totals $3,612/yr on $64,643 capital. ROI tracks 25.5% on current figures, and rental yield reads 9.16% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 132.67% and total cumulative return in cash sums $85,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,489/mo property income instead of your personal income.
Single Family
Built in 1965
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28580, Snow Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,435 (100%) |
| Owner Occupied HU | 2,710 (61.1%) |
| Renter Occupied HU | 1,270 (28.6%) |
| Vacant Housing Units | 455 (10.3%) |
| Median Home Value | $154,730 |
| Average Home Value | $196,928 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,998
Multi-Family
64
Businesses
355
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Listed by: Tia Kimber • eXp Realty, LLC - C
Mls Name: Doorify MLS
Mls ID: #10118148