208 Fayetteville AveCarolina BeachNC28428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 208 Fayetteville Ave, Carolina Beach, NC, 28428 with 5% annual appreciation on a $292,200 basis while $3,378/mo rent supports operations. Total monthly income totals $3,378/mo and a $1,430/mo payment preserves $1,597/mo for cash returns. Annual cash flow comes to $19,168/yr on $96,864 deployed, and return on cash invested reaches 39.7% in year one. Equity gained on principal adds $1,886/yr, and five-year appreciation sums $80,729 alongside rental yield of 13.87%. Five-year ROI measures 208.86% and total cumulative return in cash totals $202,307.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,378/mo property income versus a $1,430/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A