1159 NW Forest Bend Dr.CalabashNC28467
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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 Calabash at 1159 NW Forest Bend Dr, Calabash, NC, 28467 with 5% annual appreciation on a $371,990 basis while $2,520/mo rent supports operations. Total monthly income totals $2,520/mo and a $1,821/mo payment preserves $253/mo for cash returns. Annual cash flow comes to $3,031/yr on $123,315 deployed, and return on cash invested reaches 22.37% in year one. Equity gained on principal adds $2,400/yr, and five-year appreciation sums $102,774 alongside rental yield of 8.13%. Five-year ROI measures 115.9% and total cumulative return in cash totals $142,926.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,520/mo property income versus a $1,821/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
19 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: Cheryl Crary • DFH Realty Georgia, LLC
Mls Name: CCAR
Mls ID: #2517942