2 Clam Shell Lane Unit 7Carolina BeachNC28428
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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 Carolina Beach at 2 Clam Shell Lane Unit 7, Carolina Beach, NC, 28428 at $880,000 posts ROI 14.44% with from $4,007/mo rent. Total monthly income equals $4,007/mo. Return on cash invested measures 14.44% and rental yield reads 5.46% at the current $880,000. Equity gained on principal adds $5,679/yr, and 5% annual appreciation supports $243,128 by year five. Five-year ROI prints 73.34% and total cumulative return in cash totals $212,348. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,007/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28428, Carolina Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,919 (100%) |
| Owner Occupied HU | 2,515 (42.5%) |
| Renter Occupied HU | 796 (13.4%) |
| Vacant Housing Units | 2,608 (44.1%) |
| Median Home Value | $554,706 |
| Average Home Value | $662,894 |
Housing Distribution
Address Breakdown
Residential
4,840
Single Family
3,327
Multi-Family
1,513
Businesses
447
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Listed by: Denise M Lucky • Coldwell Banker Sea Coast Advantage-CB
Mls Name: Hive MLS
Mls ID: #100522563