Gwinnett Plan, Parsons Mill, Castle Hayne, NC, 28429 | $881/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Castle Hayne at Gwinnett Plan, Parsons Mill, Castle Hayne, NC, 28429 uses $109,723 cash to close to unlock $10,570/yr annual cash flow and $881/mo monthly cash flow. Total monthly income runs $2,898/mo, and a $1,620/mo payment keeps the spread at $881/mo. Purchase price stands at $330,990, and rental yield measures 10.51% with $2,898/mo rent. Return on cash invested shows 29.54% in year one, and 5% annual appreciation builds toward $91,446 over five years. Five-year ROI reaches 154.37% and total cumulative return in cash records $169,377. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,898/mo property income covering a $1,620/mo payment rather than investor’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28429, Castle Hayne, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,098 (100%)
Owner Occupied HU	3,099 (75.6%)
Renter Occupied HU	699 (17.1%)
Vacant Housing Units	300 ( 7.3%)
Median Home Value	$361,361
Average Home Value	$445,607