199 Hawks Run DriveCalabashNC28467
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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
Rental property for sale in Calabash at 199 Hawks Run Drive, Calabash, NC, 28467 offers $2,740/mo rent that, after a $2,100/mo payment, leaves $125/mo cash flow. Total monthly income is $2,740/mo, and annual cash flow is $1,502/yr on $142,214 cash. Return on cash invested measures 20.97% in year one, and rental yield stands at 7.66% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 108.4% and total cumulative return in cash reaches $154,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,740/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
6,098 sqft 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: Carol P Lank • ASAP Realty
Mls Name: Hive MLS
Mls ID: #100531671