Milan Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 | $443/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 Milan Plan, The Landing at Mill Creek, Sneads Ferry, NC, 28460 with 5% annual appreciation on a $389,000 basis while $2,864/mo rent supports operations. Total monthly income totals $2,864/mo and a $1,904/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,318/yr on $128,954 deployed, and return on cash invested reaches 24.03% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 8.83%. Five-year ROI measures 125.03% and total cumulative return in cash totals $161,226.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,864/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

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