Roxbury Plan, Tooley Harbor VillasElizabeth CityNC27909
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elizabeth City at Roxbury Plan, Tooley Harbor Villas, Elizabeth City, NC, 27909 offers $2,809/mo rent that, after a $1,273/mo payment, leaves $1,224/mo cash flow. Total monthly income is $2,809/mo, and annual cash flow is $14,688/yr on $86,187 cash. Return on cash invested measures 36.95% in year one, and rental yield stands at 12.97% at a $259,990 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,830 by year five. Five-year ROI records 194.15% and total cumulative return in cash reaches $167,330. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,809/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27909, Elizabeth City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,132 (100%) |
| Owner Occupied HU | 10,487 (57.8%) |
| Renter Occupied HU | 5,861 (32.3%) |
| Vacant Housing Units | 1,784 ( 9.8%) |
| Median Home Value | $256,977 |
| Average Home Value | $298,406 |
Housing Distribution
Address Breakdown
Residential
17,483
Single Family
17,279
Multi-Family
204
Businesses
1,292
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Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A