1103 Pirates Landing DriveBeaufortNC28516
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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 Beaufort at 1103 Pirates Landing Drive, Beaufort, NC, 28516 uses $105,086 cash to close to unlock $6,691/yr annual cash flow and $558/mo monthly cash flow. Total monthly income runs $2,490/mo, and a $1,552/mo payment keeps the spread at $558/mo. Purchase price stands at $317,000, and rental yield measures 9.43% with $2,490/mo rent. Return on cash invested shows 26.28% in year one, and 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 136.87% and total cumulative return in cash records $143,829. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,490/mo property income covering a $1,552/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28516, Beaufort, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,617 (100%) |
| Owner Occupied HU | 4,126 (54.2%) |
| Renter Occupied HU | 1,501 (19.7%) |
| Vacant Housing Units | 1,990 (26.1%) |
| Median Home Value | $393,935 |
| Average Home Value | $475,994 |
Housing Distribution
Address Breakdown
Residential
6,483
Single Family
6,209
Multi-Family
274
Businesses
582
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Listed by: Pamela W Bird • Al Williams Properties
Mls Name: Hive MLS
Mls ID: #100516327