The Holden Plan, Magnolia EstatesMoyockNC27958
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 Moyock at The Holden Plan, Magnolia Estates, Moyock, NC, 27958 priced at $692,557 converts $4,254/mo rent into $33/mo cash flow after a $3,390/mo obligation. Total monthly income equals $4,254/mo, and annual cash flow totals $395/yr on $227,851 invested. Return on cash invested prints 20.23% in year one, and rental yield reads 7.37% against a $692,557 entry. Equity gained on principal adds $4,469/yr, while 5% annual appreciation compiles into $191,341 by year five. Five-year ROI reaches 104.42% and total cumulative return in cash sums $237,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,254/mo property income covering a $3,390/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
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Listed by: N/A • Kirbor Homes
Mls Name: Kirbor Homes
Mls ID: #N/A