106 Sea Oaks CtNorth Topsail BeachNC28460
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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 North Topsail Beach at 106 Sea Oaks Ct, North Topsail Beach, NC, 28460 offers $2,443/mo rent that, after a $2,442/mo payment. Total monthly income is $2,443/mo. Return on cash invested measures 15.57% in year one, and rental yield stands at 5.87% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 79.48% and total cumulative return in cash reaches $131,478. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,443/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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