104 Moorefield DrCarolina BeachNC28428
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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 Beach at 104 Moorefield Dr, Carolina Beach, NC, 28428 offers $3,005/mo rent that, after a $2,330/mo payment, leaves $104/mo cash flow. Total monthly income is $3,005/mo, and annual cash flow is $1,246/yr on $157,794 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 7.58% at a $476,000 entry. Equity gained on principal adds $3,072/yr while 5% annual appreciation compounds into $131,510 by year five. Five-year ROI records 106.94% and total cumulative return in cash reaches $168,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,005/mo property income versus a $2,330/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28428, Carolina Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,919 (100%) |
| Owner Occupied HU | 2,515 (42.5%) |
| Renter Occupied HU | 796 (13.4%) |
| Vacant Housing Units | 2,608 (44.1%) |
| Median Home Value | $554,706 |
| Average Home Value | $662,894 |
Housing Distribution
Address Breakdown
Residential
4,840
Single Family
3,327
Multi-Family
1,513
Businesses
447
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Listed by: N/A • N/A
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