212 Calebs Corner PlSpring LakeNC28390
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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 Spring Lake at 212 Calebs Corner Pl, Spring Lake, NC, 28390 earns from $2,160/mo rent with a $2,096/mo payment. Total monthly income totals $2,160/mo. ROI tracks 15.54% on current figures, and rental yield reads 6.05% at a $428,240 purchase. Equity gained on principal adds $2,763/yr, and 5% annual appreciation supports $118,315 over five years. Five-year ROI reaches 79.48% and total cumulative return in cash sums $112,838. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$202 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28390, Spring Lake, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 4,891 (44.2%) |
| Renter Occupied HU | 4,958 (44.8%) |
| Vacant Housing Units | 1,217 (11.0%) |
| Median Home Value | $271,254 |
| Average Home Value | $262,656 |
Housing Distribution
Address Breakdown
Residential
10,417
Single Family
8,619
Multi-Family
1,798
Businesses
619
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Listed by: Janice Nesbitt • D.R. Horton, Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10105844
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.