1 Pelican CourtCarolina ShorNC28467
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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 Carolina Shor at 1 Pelican Court, Carolina Shor, NC, 28467 offers $2,244/mo rent that, after a $1,541/mo payment, leaves $325/mo cash flow. Total monthly income is $2,244/mo, and annual cash flow is $3,901/yr on $104,389 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.55% at a $314,900 entry. Equity gained on principal adds $2,032/yr while 5% annual appreciation compounds into $87,001 by year five. Five-year ROI records 122.8% and total cumulative return in cash reaches $128,194. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,244/mo property income versus a $1,541/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28467, Calabash, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,592 (70.9%) |
| Renter Occupied HU | 687 ( 7.4%) |
| Vacant Housing Units | 2,013 (21.7%) |
| Median Home Value | $327,364 |
| Average Home Value | $376,740 |
Housing Distribution
Address Breakdown
Residential
8,714
Single Family
8,225
Multi-Family
489
Businesses
254
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Listed by: Jason Pardue • Beacon Point Realty, LLC
Mls Name: Hive MLS
Mls ID: #100545415