2196 New River Inlet Road #369North Topsail BeachNC28460








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 North Topsail Beach at 2196 New River Inlet Road #369, North Topsail Beach, NC, 28460 listed at $158,900 pairs $1,225/mo rent with a $778/mo payment to leave $256/mo cash flow. Total monthly income runs $1,225/mo, and annual cash flow reaches $3,076/yr on $52,675 cash to close. Return on cash invested measures 25.75% in year one, and rental yield registers 9.25% at a $158,900 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,901 by year five. Five-year ROI tracks 134.1% and total cumulative return in cash totals $70,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,225/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Beatty Pittman Real Estate Team LLC • Intracoastal Realty Corp
Mls Name: Hive MLS
Mls ID: #100508199








