1659 Beach Dr SWSunset 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 1659 Beach Dr SW, Sunset Beach, NC, 28468 listed at $231,000 pairs $1,823/mo rent with a $1,131/mo payment to leave $415/mo cash flow. Total monthly income runs $1,823/mo, and annual cash flow reaches $4,978/yr on $76,577 cash to close. Return on cash invested measures 26.41% in year one, and rental yield registers 9.47% at a $231,000 basis. Equity gained on principal adds $1,491/yr, and annual property appreciation at 5% supports $63,821 by year five. Five-year ROI tracks 137.58% and total cumulative return in cash totals $105,357. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,823/mo property income relative to a $1,131/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
1 Acres 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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