Dominica Spring Plan, Lakes At Riverbend RanchesNavassaNC28451
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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
Investment Highlights
Investment property for sale in Navassa at Dominica Spring Plan, Lakes At Riverbend Ranches, Navassa, NC, 28451 uses $116,022 cash to close to unlock $6,720/yr annual cash flow and $560/mo monthly cash flow. Total monthly income runs $2,693/mo, and a $1,713/mo payment keeps the spread at $560/mo. Purchase price stands at $349,990, and rental yield measures 9.23% with $2,693/mo rent. Return on cash invested shows 25.7% in year one, and 5% annual appreciation builds toward $96,696 over five years. Five-year ROI reaches 133.82% and total cumulative return in cash records $155,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A