1560 SW St Lucia Dr #OIP 150ShallotteNC28470
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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 Shallotte at 1560 SW St Lucia Dr #OIP 150, Shallotte, NC, 28470 listed at $619,000 pairs $2,159/mo rent with a $3,030/mo payment. Total monthly income runs $2,159/mo. Return on cash invested measures 10.55% in year one, and rental yield registers 4.19% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 52.53% and total cumulative return in cash totals $106,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28470, Shallotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,007 (60.6%) |
| Renter Occupied HU | 1,389 (21.0%) |
| Vacant Housing Units | 1,221 (18.5%) |
| Median Home Value | $340,677 |
| Average Home Value | $400,276 |
Housing Distribution
Address Breakdown
Residential
5,698
Single Family
5,360
Multi-Family
338
Businesses
491
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Listed by: Rose Boatwright • Toll Brothers Real Estate Inc.
Mls Name: CCAR
Mls ID: #2518333