Ernest Hemingway Plan, FostMoyockNC27958
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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 Moyock at Ernest Hemingway Plan, Fost, Moyock, NC, 27958 offers a 9.96% rental yield on a $399,990 purchase with $3,320/mo rent. Total monthly income registers $3,320/mo, and a $1,958/mo payment leaves $882/mo available for distribution. Annual cash flow reaches $10,584/yr on $132,597 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,510 over five years. Portfolio math shows five-year ROI at 145.55% and total cumulative return in cash at $192,997. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,320/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
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Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A