Reese Plan, Middle Creek Village Coastal CottagesBoliviaNC28422
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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
Rental property for sale in Bolivia at Reese Plan, Middle Creek Village Coastal Cottages, Bolivia, NC, 28422 priced at $242,990 pairs $2,340/mo rent with $859/mo cash flow after a $1,189/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $10,313/yr on $80,551 invested. Return on cash invested is 32.71% in year one, and rental yield stands at 11.56% on a $242,990 basis. Equity gained on principal adds $1,568/yr, and 5% annual appreciation accumulates to $67,134 by year five. Five-year ROI measures 171.4% and total cumulative return in cash reaches $138,065. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,189/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A