Laura E Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 | $527/mo Cash Flow

For Sale

Ziffy Mortgage

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 Sneads Ferry at Laura E Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 uses $148,844 cash to close to unlock $6,326/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $3,314/mo, and a $2,198/mo payment keeps the spread at $527/mo. Purchase price stands at $449,000, and rental yield measures 8.86% with $3,314/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 125.68% and total cumulative return in cash records $187,060. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,314/mo property income covering a $2,198/mo payment rather than investor’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

$50 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,167 (100%)
Owner Occupied HU	4,456 (43.8%)
Renter Occupied HU	1,736 (17.1%)
Vacant Housing Units	3,975 (39.1%)
Median Home Value	$345,363
Average Home Value	$372,482