104 Pintail DriveMinnesott BeachNC28510
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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 Minnesott Beach at 104 Pintail Drive, Minnesott Beach, NC, 28510 earns $1,618/mo cash flow from $2,302/mo rent with a $489/mo payment. Total monthly income totals $2,302/mo, and annual cash flow totals $19,416/yr on $33,150 capital. ROI tracks 78.48% on current figures, and rental yield reads 27.62% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 417.79% and total cumulative return in cash sums $138,496. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,302/mo property income instead of your personal income.
Lot
Built in N/A
435.60 sqft lot
$N/A/sqft
$900 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28510, Arapahoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 612 (61.1%) |
| Renter Occupied HU | 110 (11.0%) |
| Vacant Housing Units | 280 (27.9%) |
| Median Home Value | $341,573 |
| Average Home Value | $361,172 |
Housing Distribution
Address Breakdown
Residential
869
Single Family
869
Multi-Family
0
Businesses
33
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Listed by: REBECCA LANG • ARLINGTON PLACE REALTY
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100392822
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024-10-17 08:18:46 PDT Hive MLS