Woods Cove Plan, Olde PointHampsteadNC28443
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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 Hampstead at Woods Cove Plan, Olde Point, Hampstead, NC, 28443 offers $3,291/mo rent that, after a $2,707/mo payment. Total monthly income is $3,291/mo. Return on cash invested measures 19.53% in year one, and rental yield stands at 7.14% at a $553,159 entry. Equity gained on principal adds $3,569/yr while 5% annual appreciation compounds into $152,828 by year five. Five-year ROI records 100.68% and total cumulative return in cash reaches $183,234. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,291/mo property income versus a $2,707/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28443, Hampstead, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 9,436 (67.9%) |
| Renter Occupied HU | 2,390 (17.2%) |
| Vacant Housing Units | 2,064 (14.9%) |
| Median Home Value | $417,206 |
| Average Home Value | $465,947 |
Housing Distribution
Address Breakdown
Residential
12,362
Single Family
11,362
Multi-Family
1,000
Businesses
716
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Listed by: N/A • Hagood Homes
Mls Name: Hagood Homes
Mls ID: #N/A