1905 New River Inlet RoadNorth Topsail BeachNC28460
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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 North Topsail Beach at 1905 New River Inlet Road, North Topsail Beach, NC, 28460 earns from $2,183/mo rent with a $2,041/mo payment. Total monthly income totals $2,183/mo. ROI tracks 16.8% on current figures, and rental yield reads 6.28% at a $417,000 purchase. Equity gained on principal adds $2,691/yr, and 5% annual appreciation supports $115,209 over five years. Five-year ROI reaches 86.03% and total cumulative return in cash sums $118,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,183/mo property income instead of your personal income.
Townhouse
Built in 1984
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: Tenley E. Grazioli • Ocean Life Realty
Mls Name: Hive MLS
Mls ID: #100531908