Tate Plan, Middle Creek Village Coastal Cottages & VillasBoliviaNC28422
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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
Investment property for sale in Bolivia at Tate Plan, Middle Creek Village Coastal Cottages & Villas, Bolivia, NC, 28422 with 5% annual appreciation on a $247,990 basis while $2,192/mo rent supports operations. Total monthly income totals $2,192/mo and a $1,214/mo payment preserves $680/mo for cash returns. Annual cash flow comes to $8,165/yr on $82,209 deployed, and return on cash invested reaches 29.84% in year one. Equity gained on principal adds $1,600/yr, and five-year appreciation sums $68,515 alongside rental yield of 10.61%. Five-year ROI measures 156% and total cumulative return in cash totals $128,247.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,192/mo property income versus a $1,214/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
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