1284 Piper Glen Dr Lot 22Sunset BeachNC28468
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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 Sunset Beach at 1284 Piper Glen Dr Lot 22, Sunset Beach, NC, 28468 offers a 7.62% rental yield on a $509,990 purchase with $3,240/mo rent. Total monthly income registers $3,240/mo, and a $2,496/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,584/yr on $167,787 to close, and return on cash invested stands at 21% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,901 over five years. Portfolio math shows five-year ROI at 108.58% and total cumulative return in cash at $182,184. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28468, Sunset Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,393 (100%) |
| Owner Occupied HU | 2,576 (40.3%) |
| Renter Occupied HU | 467 ( 7.3%) |
| Vacant Housing Units | 3,350 (52.4%) |
| Median Home Value | $419,266 |
| Average Home Value | $452,638 |
Housing Distribution
Address Breakdown
Residential
4,545
Single Family
4,032
Multi-Family
513
Businesses
109
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Listed by: Scott D Ackerman • NVR Ryan Homes
Mls Name: CCAR
Mls ID: #2529379